The Australian dollar continued its downward trajectory during the first half of Monday's trading session, falling around 80 basis points. This decline underscores the continued weakness of the currency, which appears to be consolidating around the...
Oscillators are technical analysis tools used to measure momentum or identify overbought and oversold market conditions. They typically oscillate within a fixed range (e.g., 0 to 100) and help traders make decisions based on price movements. Popular...
Currency pair AUDUSD - consider the chart of the D1 period. The wave structure on this chart is still building its order downwards. The MACD indicator is in the lower sales zone. Among other things, the price is moving downwards within the...
EUR/GBP The EUR/GBP forex pair is one of the most observed contraptions in the foreign exchange market, reflecting the monetary dynamics between the Eurozone and the United Kingdom. Analyzing this forex pair on the hourly timeframe (H1) can grant...
GBP/USD The longer I look at the GBP/USD currency pair chart , the more I begin to believe in the continuation of the northern direction. On the H1 time chart, it is clearly visible that a fairly massive bottom has been formed and compacted at the...
