Currency pair AUDUSD - chart D1. Observe the AUDUSD D1 chart from the beginning of February. The price made a dip downwards with a price gap and updated the minimum of the previous January. A bullish divergence was formed on the used MACD and CCI...
The NZD/USD currency pair has been exhibiting a bullish trend, with technical analysis indicating the potential for an increase of 22 to 32 pips if specific market conditions hold. The pivotal level in this scenario is 0.5720, which acts as a key...
GBP/USD Price Movement Update The GBPUSD pair on the H4 timeframe which shows price movements in the last few weeks. There are several indicators used in this analysis including weekly pivot points resistance and support and moving averages that...
The ongoing price action in the GBP/JPY market suggests that a bearish sentiment continues to govern trading dynamics, with sellers firmly in control as price struggles to find upward momentum. The Relative Strength Index (RSI) remains below its...
EUR/JPY I observed that the pair initially bounced off the 161.070 level, but it eventually declined to the support level of 160.035. I noticed that during this decline, it appeared that the seller's volume was taken out of the range, which...
