AUD-USD H1 TIME FRAME It is quite clear that the current price movement of the AUDUSD pair is in a bearish trend. The death cross signal that appears due to the EMA 50 crossing the SMA 200 downwards, provides a fairly large probability for the...
The analysis of the price behavior of the GBP/USD currency pair is currently open to discussion. The GBP/USD pair has entered a gradual bearish correction. Why do you believe the price can only retrace 50% of the wave from 1.2664 to 1.3264? Why...
Oil experienced a significant collapse on Tuesday as it fell below the key consolidating pattern of a symmetrical triangle. This decline pushed the price below the bottom of the triangle and broke through the recent swing at $72.24. The early August...
EUR/USD ANALYSIS Chart D1 - EURUSD currency pair. The wave structure on this senior period is still built in an ascending order. The MACD indicator, although it is in the upper purchase zone, is falling below its signal line, which indicates a...
The price of gold (XAU/USD) experienced a rebound from multi-day lows on Wednesday, although it remained below the $2,500 level. The renewed buying bias in the US dollar (USD) posed a challenge to gold's upward momentum. However, ongoing...