Technical analysis. AUD/USD H D-1 Hello, colleagues. There has been a sideways movement on the daily chart lately. Today I am observing that the pair is also trading within the sideways movement at the moment. I wonder if the sideways movement will...
On the daily timeframe chart, the price movement that had fallen to its lowest weekly phase yesterday finally turned around and the next movement was more dominant in a bullish direction. The price increase movement that occurred did not seem...
The downward trend for the pair is broken; the pair is trading above the moving averages. Resistance 1.27074 is broken; divergence is observed on the indicator. A correction for the pair is possible, since it is trading above the moving averages...
GBP/USD Analysis: A Bearish Perspective As we examine the GBP/USD currency pair, it becomes clear that the current market dynamics do not favor upward movement. Instead, a comprehensive analysis suggests that the pair is likely to continue its...
Simple Moving Average Indicator The Simple Moving Average (SMA) is a widely used technical indicator in financial markets, especially in Forex and stock trading. It helps traders identify trends by smoothing out price fluctuations over a specific...
