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Currency pair GBPJPY - let’s look at the D1 period chart today. The wave structure here is descending. After the last wave of decline updated the minimum of the previous one at the beginning February, the third wave went down. The MACD indicator is...
AUD/USD As of today, the AUD/USD pair is showing continued weakness, trading below the 0.6210 mark and edging closer to its 2025 low of 0.6087. From what I’m seeing, the technical setup remains bearish, with the 20, 50, and 100-period SMAs...
USD CHF today technical analysis As of March 4, 2025, the USD/CHF currency pair is trading at approximately 0.8875, reflecting a notable decline from previous levels. Technical Analysis: Recent market movements have positioned USD/CHF below the...
The AUD/USD currency pair is currently in a downward trend, as I observe that the TMA indicator channel is directed downwards. I notice that the price has consolidated above the average TMA level, which could indicate either consolidation relative...