Currency pair AUDUSD - let’s consider the chart of the D1 period today. We can say that the descending wave structure on this chart already broke after the current growth wave updated the previous wave’s maximum. The MACD indicator is still in the...
Technical Analysis of Crude Oil The current market analysis for crude oil in the H1 timeframe shows that the market structure is in a sell-off trend, and the price action further supports this bearish momentum. Currently, the price is trading near...
Gold Levels Off Following Tech Selloff-Driven Drop Gold had its worst decline in more than a month on Monday, dropping more than 1% as investors sold off holdings to counter stock market losses. The advent of the low-cost AI model from Chinese firm...
GBP/JPY Price Action Outline The GBP/JPY H-1 timeframe chart above shows price movements with various technical analysis elements that can be used to make trading decisions. In general, it is seen that the price is moving around the weekly pivot...
AUD/USD Price Reaction The AUD/USD hourly chart shows a significant uptrend over the past few sessions, with the price currently trading at 0.6291. After hitting a recent high near 0.6340, the pair has entered a corrective phase, indicating a...
