AUDUSD continues to fluctuate at the resistance of the falling channel located at 0.6885, and the price is still stuck between the trend confirmation levels of the mentioned resistance and support at 0.6830, which makes us continue to remain neutral until the price confirms that it has crossed one of …
Analysis based on round-number levels, price channels and modified Elliot Waves
The overall movement of the currency pair is downward. The range of the medium round level 0.6450 is actively holding back buyers. Bearish divergence formed on the Awesome Oscillator. The level H4 rising pattern is truncated and is probably …
EURUSD
Today, the market focuses on the ECB's monetary policy decision. If the bank does not take any measures to support the European economy or if the measures are minor, the euro will be supported. Conversely, if broad stimulus measures are taken, the pair will be expected to drop.
The …
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