D-1 Chart Technical Outlook AUD/USD Currency pair AUDUSD - D1 chart. The wave structure is still forming its order on the downside, with the MACD indicator declining in the lower sell zone and below its signal line. For several consecutive days,...
Yesterday I wrote that the pair has been holding at one level for the third day, and EUR/USD has been holding at one level for the fourth day, and all that can change for the pair is the number of days during which nothing happens and the pair...
WTI crude oil is currently navigating a bearish phase, with prices lingering around $68.24 per barrel, marking a third consecutive day of decline. This downtrend is occurring despite OPEC+'s recent decision to delay its planned production increases...
THE CURRENCY PAIR GBP-AUD The GBP/AUD pair is reacting to the general decline in the pound rate, caused by a decrease in the volume, instead of the expected growth, of retail sales in the UK. Sellers have overcome the level of 1.9532 (Murray 4.8)...
Looking at the daily time frame chart, I can clearly see the growing strength of the buyers. This is evident from the bearish candles with large shadows from below, forming pinbars as the price approaches the resistance zone. These pinbars suggest...