Illuminating Charts: AUD/ USD Prices Our discussion centers on decoding the live AUD/ USD currency pair's pricing movements. The AUD/USD is currently trading around the intermediate level of 0.664. Sellers are dominant, as indicated by the moving...
What is Market Depth Profile? Detailed Components of Market Depth Order Book Structure: Top of the Book: This shows the best bid and ask prices (highest bid and lowest ask) along with the quantities available at those prices. Depth of the Book:...
EUR/ USD Price Movements The price action analysis of the EUR/ USD Currency pair is what we will be discussing today. A breakout above the 1.0744 level on Monday will signal a buying opportunity. Consolidation above this mark will confirm further...
alternative option for price action when the support level is reached at 0.90112 would be a plan in which the price stabilizes below this level and moves further south. If this plan develops, I would wait for the price to break through the support...
AUD/USD H-1 (Australian Dollar / US Dollar). An excellent trading plan can be drawn up for an instrument on the H1 timeframe, since at the moment there is a good opportunity in the market to conclude a profitable transaction with a high probability...