The trading activities for AUDUSD last week concluded on a bearish note as the dollar gained strength against the more dovish Australian dollar. This downward pressure pushed the pair's price to the support level of $0.6300. The question now is whether an upside correction is on the horizon. Key …
Price Action Charts in Focus
Dash 2 Trade (D2T/USD) Bulls Retrace to Key October 1 Support Level
At the outset of the current month, a bullish cycle initiated at the $0.004 price level. The bull market displayed substantial upward momentum during the first half of October, culminating in a peak at the $0.0055 price level. Subsequently, a bearish trend ensued, leading the market to its current …
EURCHF Sellers Are Holding Back
EURCHF Analysis: Sellers Are Reserving Their Strength EURCHF sellers are holding back. The currency pair is currently in a situation where sellers are struggling to push the price lower. Despite their efforts, the bears lack the necessary momentum to drive the price down. Meanwhile, the buyers have …
