AUDUSD Technical Analysis—In today’s trading session, the Australian dollar traded at about $0.661 against the U.S. Dollar, stabilizing the price below the 50 Fibonacci retracement level at $0.661. AUD/USD Technical...
The GBP/USD currency pair formed a longwick bearish candle stick pattern close to the 78.6% Fibonacci at 1.276. The long wick candlestick interprets as a signal for trend reversal. Concurrently,...
In our previous EUR/USD technical analysis, we stated for the bullish trend to continue, the European currency must close and stabilize the price above the robust barrier of $1.083. That...
The U.S. Dollar broke out from the descending trendline on May 22 and tested the 38.2% Fibonacci resistance level at $1.351 against the Singapore dollar. The USD/SGD 4-hour chart below...
FxNews—The American dollar has been in a bear market against the Swedish Krona since April 24 from the $11.04 mark. The downtrend eased after the bears broke below the $10.76...
FxNews—The American currency is in a bear market against the Polish Zloty. The downtrend, which began on April 16 at $4.12, has eased after it reached April’s all-time low at...
FxNews—The American currency has been in a bearish trend against the Norwegian Krone since May 11. The decline that began at $11.13 eased near the 61.8% Fibonacci retracement level at...