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...
The current market sentiment surrounding Bitcoin is overwhelmingly bullish, yet traders must remain vigilant for any shifts in trading volume as the trend unfolds. In a healthy uptrend, rising prices should be accompanied by increasing trading...
W-1 Chart Technical Outlook AUD/USD Today we will consider the weekly chart—the AUDUSD currency pair. Yesterday evening, the covered news came out: FOMC Economic Forecasts, the US Federal Open Market Committee Statement, the US Federal Reserve...
Profiting from USD/ CAD Our discussion is on closely analyzing the present evaluation of the pricing behaviour of the USD/ CAD currency pair. Yesterday, the quote shot up on the news. The results of the Fed meeting were clearly in favor of the...
EUR-JPY ANALYSIS CHART Currency pair EURJPY. A significant number of buy orders with the absorption of the ask price in the Level 2 glass have passed; now the instrument is trading at high prices. This rather good growth could well have already...