The currency pair USDJPY - let's analyze the chart of the D1 period. The wave structure here is forming a downward pattern, the MACD indicator is once again decreasing in the oversold zone and below its signal line. The decline that occurred in...
The AUD/USD pair is currently facing strong downward pressure, particularly as it continues to trade below the critical resistance level of 0.6046. Technical indicators are aligning to suggest a bearish scenario, with the RSI clearly remaining below...
During the initial trading hours in Europe on Wednesday, the EUR/JPY currency pair saw a slight rise, remaining near the level of 156. 95. This increase is partly due to growing optimism regarding possible rises in government spending in Germany,...
I currently see a confident downward movement on the USD/CAD chart, and I believe that the overall direction of this trading instrument remains bearish. I am observing that the price is clearly moving to the south, and I consider the current...
The British pound against the US dollar is one of the major pairs in the forex market, representing the relationship between two of the most traded currencies globally. In this context, the prices indicate how the relative value of the British...
