AUDUSD breaks free from trading range, bullish sentiment continuesForexLive Video
2023-12-14
The AUDUSD broke out of its trading range and is now moving upwards. The price has reached the 50% midpoint of the 2023 trading range, but fluctuations are still occurring. Close attention should be paid to the risk level defined by recent highs. Watch the video for an analysis of the pair’s technical factors and potential challenges to the bullish bias.
USDCAD falls to a new session low and in the process tests a floor target
2023-12-13
USDCAD falls to new session low, testing key floor level at 1.35478. If broken, next target is the 200-day moving average at 1.35134.
The USDCHF buyers tried to move higher, but found willing sellers near swing area resistance
2023-12-11
The USDCHF buyers faced resistance near swing area, hindering their upward movement. With important interest-rate decisions from the Federal Reserve and Swiss National Bank this week, consolidation between support and resistance is expected.
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