The EUR/CHF currency pair continues to exhibit a downward trend, with its price movement indicating a persistent rally towards lower levels. Recently, the pair has been attempting to break through the support level, marked at 0.9633. Despite...
The wave structure for this older period still shows an upward trend, but the MACD indicator is already declining within the lower sell zone and below its signal line. The MACD indicator shows a significant bearish divergence, even though it has...
The trading week for gold has concluded with a notable development. Despite an initial upward movement that completely closed the sell zone imbalance, the price sharply reversed downward. This reversal formed a pin bar with a tail in the sell zone,...
To analyze the current movement of a financial instrument, traders often rely on a variety of technical analysis indicators. Among the most popular and effective indicators are the Extended Regression Stop and Reverse (ERSAR), the Relative Strength...
AUD/USD pair may continue its downward trend and may reach 0.6500. Thus, the wording of the statement and comments by Bullock may determine the future action of the AUD/USD pair. In preparation for the RBA showdown, major banks such as Societe...