FxNews—The Australian dollar has traded sideways against the U.S. Dollar since mid-June. As of writing, the AUD/USD currency pair trades at about $0.665, trying to close above the 50-period simple...
Forex Technical Analysis
FxNews—The Pound sterling’s dip against the U.S. dollar eased near the key resistance level at $1.261, the May 3rd high. The recent development in the dollar’s value has driven the...
FxNews—The euro trades in a downtrend against the U.S. Dollar at approximately $1.071 in today’s session. In a recent development, the dollar flipped below the 100-period simple moving average and...
FxNews—The NZD/USD uptrend momentum eased near the 50-period simple moving average, a resistance level backed by the upper line of the bearish flag. As of writing, the New Zealand dollar...
FxNews—The USD/SEK currency pair is in a bear market, trading below the 25-period simple moving average in the daily chart. As of this technical analysis, the U.S. dollar trades below...