The following is a market price analysis based on the 15-minute US Dollar Index (DXY) chart using Heikin Ashi , compiled objectively and technically according to the conditions seen on the chart. DXY (US Dollar Index) Market Analysis Based on the...
The NZD/USD stark change in structure to a bearish one when the pair was unable to support its previous recovery efforts and broke squarely below the critical support levels. The upward movement around the price of 0.5730 indicates the increasing...
USD/CAD 1H Technical Analysis The USD/CAD pair is currently trading within a tight range, showing signs of consolidation as traders await fresh catalysts. On the 1 hour timeframe, the market structure highlights a clear support level at 1.38743 and...
On the weekly timeframe, the USD/CHF price action reflects a market that is transitioning after a prolonged bullish cycle. Following an extended advance, recent weekly candles show clear signs of decelerating momentum, characterized by smaller real...
AUD/USD daily chart shows that the structure remains weakly bearish since the prices are trading in the 0.6680 area following the inability to hold the recent recovery efforts. The overlaying pattern is skewed towards the negative, with the 2 having...