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AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are above the 200-day Moving Average on D1, indicating a prevailing uptrend. The RSI is testing the support line. In this situation, the price is expected to rebound from the 5/8 (0.6652) level and rise to the resistance at 7/8 (0.6774). The scenario could be cancelled by […]

EURUSD, “Euro vs US Dollar” The EURUSD pair has extended the range towards 1.0883 and declined to 1.0855. Today, the market is in a consolidation phase around this level. A decline towards 1.0832 could occur, followed by a rise towards 1.0855. An upward breakout of the range will open the potential for a wave towards […]

EURUSD, “Euro vs US Dollar” EURUSD is correcting within a Triangle pattern. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Cloud’s upper boundary at 1.0845 is expected, followed by a rise to 1.0985. An additional signal confirming the rise will be a rebound from the lower boundary […]

XAUUSD, “Gold vs US Dollar” Gold has formed a Hammer pattern. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be 2485.00. After testing the resistance level, the price could break above it and continue its upward momentum. However, the quotes could correct to 2420.00 before rising. […]

EURUSD, “Euro vs US Dollar” EURUSD quotes have broken above the 200-day Moving Average on D1, indicating the potential development of an uptrend. The RSI has surpassed the resistance line. In this situation, the price is expected to rise further to 6/8 (1.0986). The scenario might be cancelled by a breakout of the 5/8 (1.0864) […]

The primary currency pair looks lively on Monday. The current EURUSD exchange rate stands at 1.0880. This morning, the exchange rate touched 1.0895, marking a two-month peak tested last week. The market will soon mainly focus on the core PCE data, a key inflation indicator used by the Federal Reserve to gauge price pressure. This […]