In my morning forecast, I highlighted the 1.3088 level and planned to make market entry decisions based on that level. Let's examine the 5-minute chart to see what transpired. The decline and formation of a false breakout provided an entry point to...
Look at the H4 chart for the AUD/USD currency pair. The wave structure builds as long as the upward trend remains intact. The MACD indicator is positioned in the lower sales zone and below its signal line. Previously, a triple bearish divergence...
EUR/GBP Price Analysis: Consolidating sideway as technical indicators neutralize! The EUR/GBP pair is consolidating sideways between 0.8410 and 0.8450 The RSI is flat at 43, while the MACD is also neutral with MACD red bars declining. In Monday's...
M-5 Chart Technical Outlook AUD/USDto Hello everyone!!! I decided to do a bit of price analysis on the AUD/USD currency pair, and this trading tool used to be one of the favorites, but now for some reason it's a bit forgotten. AUDUSD failed to...
The euro fell sharply in early trading on Monday as it retested previous lows. A further decline from this point could trigger a move down to the 1.10 level, a psychologically important round number that is likely to attract significant attention...