The AUD/USD currency pair, representing the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD), is currently trading at approximately 0.6611. The current trend for this pair is bearish, indicating a decline in the value of the...
GOLD MARKET ANALYSIS Spot gold climbed 1.3% to $2,332.55 an ounce on Friday (June 14). Signs of slowing inflation in the United States have raised hopes for a rate cut later this year, and a sharp drop in European stocks last Friday also supported...
USD/JPY On Monday we will look at the chart of period D1 - the USDJPY currency pair. Over the past trading week, the price moved in different directions, sellers temporarily won, but overall buyers prevailed. The wave structure remained ascending,...
Technical analysis of the AUDUSD pair 4-hour chart Over the past weeks, the price has moved in a sideways direction as we see on the chart. During the previous week, the price trended upward in a strong upward wave, but in the middle of the week,...
Greetings and Good morning to Everyone! We can observe a selling scenario on EUR/JPY today. Although there is no particular news event affecting the EUR/JPY market, we can still make informed decisions by following the market from a technical point...