Daily time frame chart outlook: The AUDUSD price activities were generally in a bullish trend earlier, but they tested the overbought level, which is why the price fell in response to the adjustment. The price has been moving in a descending channel...
GBP/USD/H1 According to GBPUSD, I assumed that on Friday they would not allow me to leave the figure downwards at 1.2600, and I set profit a little earlier than the pair could reach 1.2600, but the profit did not work, it was not enough to reach it...
The confirmation of the morning star pattern in the support area has been validated as the price movement has gradually started to rise following the pattern's appearance. This gradual increase in price suggests that buyers are stepping in and...
The current exchange rate for the Australian dollar stands at approximately $0.6655, reflecting a period of stability in the foreign exchange market. Analysis of daily charts reveals that the AUD/USD pair is currently moving within a rectangular...
EUR/USD continued a rather sluggish downward movement on Wednesday and by the end of the day, the price approached the level of 1.0678 for the third time. In general, since the first bounce from this level, the pair has been in a flat phase, which...