Forex and Cryptocurrency Forecast for December 09 – 13, 2024 The past week exhibited varying trends across major markets. The euro managed to hold its ground against the dollar, albeit within a persistent long-term descending channel. Gold and...
Navigating the Waves: EUR/USD Our conversation aligns with the ongoing live evaluation of the pricing of the EUR/USD currency pair. The EUR/USD daily chart highlights a significant recovery after hitting a key support zone around 1.03279 in...
The USDMXN pair price is currently trading below the two Moving Average lines, suggesting the possibility of further decline. However, the death cross signal has not yet appeared as the EMA 50 has not crossed the SMA 200. Although the direction of...
The chart provided represents the hourly price action of the AUD/USD currency pair. Below is a technical analysis of the chart based on observable elements such as price movements, trend lines, indicators, and support/resistance levels. Trend...
Let’s consider the chart of the D1 period - the USDCAD currency pair. Not so long ago, a trading month was passed and the price movement was in different directions. Buyers dominated, continuing, as if by inertia, the upward movement that they...