I believe the USD/JPY pair is showing early signs of a bullish correction today, based on my analysis of the daily chart. I observe that the MA100 is trending downward at a steep twenty-degree angle, which indicates strong selling pressure over the...
I’m generally pleased that GBP/USD has finally started moving, since the vague sideways drift of the past several days had become monotonous. I open the daily chart and see that the wave technique confirms a clear northern bias. I observe that the...
Analysis of USDCAD (H4 Timeframe) Price Action Overview The USDCAD pair is currently trading at 1.3714, exhibiting a slight bearish bias in the short term. The candlestick shows minor volatility with an open at 1.3715, a high of 1.3722, a low of...
AUD/USD Technical Analysis The AUD/USD currency pair is currently exhibiting a strong uptrend, signaling potential buying opportunities for traders and investors. As of now, the price stands at 0.64644, showing positive momentum that may continue to...
EUR/USD Technical Analysis D-1 Chart D1 period chart—EURUSD currency pair. Since the beginning of the current week, the price has risen again a little. The wave structure here on this daily chart is still building its order upwards; the MACD...
