Tag: Technical analysis

The Australian Dollar (AUD) continued to decline against the US Dollar (USD) and tested the 0.6440 support level. However, it managed to bounce back...

The EUR/USD pair is currently experiencing a neutral bias for the day, with a possibility of more consolidations. However, the overall outlook remains bearish...

Next week, there are several important economic events to keep an eye on. On Monday, the US NAHB Housing Market Index will be released....

The GBP/USD pair saw a decline from 1.3433 last week, dropping to 1.2842 before bouncing back. The outlook for this week is uncertain, with...

The EUR/USD pair experienced a notable fall recently after being rejected by the 55 4-hour Exponential Moving Average (EMA) at 1.0832. Despite this, it...

The USDJPY pair is showing some positive signs for sellers based on technical analysis. The price failed to reach a topside trend line on...

The US Dollar has been gaining strength this week despite lower Treasury yields and limited economic data. Stanley Druckenmiller suggested that the market may...

The US Dollar's bullish momentum appears to be slowing down despite the recent higher-than-expected US CPI and PPI reports. The market has adjusted its...

Yesterday, the US Dollar received a boost from a higher than expected US CPI report, but quickly lost those gains. This was due to...

The US Dollar saw a strong rally last Friday after a positive US NFP report, leading to a shift in market expectations regarding rate...