Have a great day everyone! I am observing the following situation on the EURUSD currency pair: the linear regression channel on the M15 chart has an upward slope, indicating that buyers are strong in the market. Buyers' activity shows an excellent...
USDCHF currency pair - let’s consider the D1 period chart. The wave structure that is building its order downwards and the MACD indicator that was falling in the lower sales zone and below its signal line are in favor of the sellers. Well, it can be...
The US Dollar (USD) continues to strengthen, buoyed by cautious remarks from Federal Reserve Chair Jerome Powell and robust economic data from the US. Powell's recent comments have raised expectations that the Fed may not need to cut interest rates...
AUD/USD Technical Analysis: Right now, AUD/USD is stuck in a bit of a range, with resistance around 0.6600 and solid support near 0.6520. The 50-day SMA is acting as a ceiling, while the 200-day SMA still leans bearish unless we get a convincing...
GBPUSD TECHNICAL ANALYSIS Judging from the graph above, it can be seen that the GBPUSD price has been below its daily pivot level since this morning, where tonight the price was observed to have failed to penetrate its daily support area, so it is...
