EURUSD Wave Analysis

AUDUSD remains in bullish territory 50- and 200-day SMAs ready for bullish cross Stochastic looks oversold AUDUSD is recouping some losses of the preceding four red days after it found strong support at the 20-day simple moving average (SMA). Given the current positive momentum, the question now is whether the pair will stay resilient above […]

Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation bottomed near $2.10 trillion, confirming a sequence of declining local lows (2.3 in March, 2.25 in April) and highs (2.76 in mid-March, 2.67 in early April and 2.46 in late April). Ethereum and Solana are adding from the area of […]

EURAUD reversed from resistance level 1.6365 Likely to fall to support level 1.6210 EURAUD currency pair previously reversed down from the key resistance level 1.6365, former support from April and January. The resistance level 1.6365 was strengthened by the upper daily Bollinger Band and by the 38.2% Fibonacci correction of the previous downward impulse 1 […]