Today we will review the D1 period chart again - the AUDCAD currency pair. The ascending wave structure broke earlier after the last wave of decline updated the minimum of the previous one, thus the wave structure built its order downwards. The MACD...
Price Action Analysis: USD/JPY We will be exploring the analysis of the USD/JPY currency pair's price fluctuations. The USD/JPY daily chart shows strong bullish momentum, with the pair currently trading near 157.37. This follows a decisive breakout...
The spot price has been caught in a persistent downtrend against the Dollar, with the pair consistently forming lower highs and lower lows. Wednesday’s sharp decline reinforced this bearish sentiment, highlighting the path of least resistance...
The provided chart shows the AUD/USD currency pair on the H1 timeframe. The analysis considers both price action and technical indicators, such as the Relative Strength Index (RSI) and a moving average. Let’s break down the key observations and...
Bitcoin’s performance in 2024 has been remarkable, with the cryptocurrency experiencing significant price gains fueled by a combination of favorable political developments and increasing institutional adoption. The market’s overall sentiment remains...
