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 Australian dollar has started to show a modest recovery, but growth appears to be limited. The 0.6350 level looms as a key resistance point, potentially acting as a ceiling for any further recovery. This technical barrier is in line with the...
The Cable has gained some positive traction during Thursday’s Asian session, briefly reaching a daily high around the 1.2668 region. The spot price has surged over 100 pips from the weekly low and appears poised to build on the recent recovery from...
EUR/USD Technical Analysis 1-Hour Timeframe On the 1-hour chart, the EUR/USD market is showing a clear downtrend. The price is moving down continuously and maintaining a sell structure without any significant reversal. Here is a detailed breakdown...
