Join Date: Jun 2024 Posts: 384 Liked posts: 142 Likes received: 284 Paid out: 286 USD TRADING CHART ON EUR AUD H4. The EURAUD exchange rate has fluctuated this week, initially increasing but only within a corrective phase. This was because the...
Technical Analysis of the US Dollar Index The technical analysis of the US Dollar Index shows the continuation of the downward trend of the US Dollar. This month, the price started trading inside the triangle marked in white, which is the common...
US30 Retracement Trade Analysis The overall trend of the US30 index remains bullish across all major timeframes, indicating a strong upward momentum. However, in the context of seeking short-term opportunities, a retracement trade appears...
I believe the USD/JPY pair’s recent decline reflects a combination of broad-based U.S. dollar weakness and emerging demand for the Japanese yen as market sentiment shifts. I observe that the pair failed to test its two-week low last week, but the...
The GBP/JPY pair continues to exhibit a strong downward trend, with technical indicators providing further confirmation that selling pressure remains the dominant force in the market. The Relative Strength Index (RSI) is firmly below the 50 mark,...