EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave at 1.0664. After the correction, the market continues developing a decline wave to 1.0585. A wave structure towards 1.0606 has been formed by now. A technical test of 1.0622 is expected today, followed by a decline to 1.0585. This is a local […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on D1, revealing the prevalence of a downtrend. The RSI has broken the support line. In this situation, a breakout of the 1/8 (0.6408) level is expected, followed by a price decline to the support at 0/8 (0.6437). The scenario might […]