AUDUSD Market Analysis: This week, we examine the AUD/USD pair's significant decline, contrasting with the previous week's rise. While the overall trend is bullish, the rebound has been much stronger than bulls expected, creating a paradoxical...
when I analyze this chart as a whole, I see a strong bullish move, followed by exhaustion and a fast corrective drop. I am confident that this chart reflects intraday volatility rather than a complete trend change. Overall, I would describe the...
USD/CHF is in a medium-term recovery period, which has been formed following a long corrective fall, and the recent movement towards the 0.7685 level indicates how the price moves back to the upper half of the current transfer. The bigger formation...
I am looking at a 30-minute candlestick chart for the Litecoin (LTC) to U.S. Dollar (USD) pair on Coinbase. Currently, I see the price sitting at $54.99, reflecting a minor intraday dip of -0.33% (a decrease of $0.18). The chart captures a volatile...
GBPUSD Price Movement Analysis: Below, we consider the price action of GBP/USD. The pound has been trading in a narrow range since the market opened, indicating low liquidity. Trading volume may increase later in the evening, potentially increasing...