Good afternoon Kresek, if you look at the market's travel pattern for the past few days, I think the bearish trend may still be able to continue considering that the price has fallen past the 100-period simple moving average zone. If there is a...
A morning star candlestick pattern is a visual cue in technical analysis used by traders to identify potential reversal points in the market. It's considered one of the key signals indicating a bullish reversal following a downward trend. The...
#AUD/USD AUDUSD currency pair. I noticed the additional target at 0.61645. This is an excellent target for short positions. Buying is very shaky now, and it's time to sell. On the way to the cherished target today, there is another support level -...
GBP/CHF Trading Analysis Update Wednesday, February 5, 2025 The GBPCHF pair price rally for more than two weeks has changed the trend direction to bullish. The EMA 50 has successfully crossed the SMA 200 perfectly, giving rise to a golden cross...
Technical Analysis AUD/USD D-1 Chart Technical Analysis From a technical perspective, caution is advised. AUD/USD’s key support is at 0.6087, the lowest level in 2025, a break below which could push the pair towards the psychological 0.6000 level....
