The chart above illustrates the price movement of AUDUSD on the H4 timeframe. After confirming that the market trend for AUDUSD is predominantly upward, my focus moving forward will be on identifying potential entry points for buying. This upward...
Weekly Analysis of AUD/USD (February 17, 2025) Overview This analysis utilizes Elliott Wave theory, support and resistance levels, and the Simple Moving Average (SMA) indicator to evaluate the AUD/USD currency pair on the H4 timeframe. The price has...
Market Analysis of AUDUSD on February 17, 2025 The chart presented above displays the daily price action of the AUDUSD currency pair. In recent days, the AUDUSD market has experienced a significant upward movement, showcasing a stable bullish...
The EUR/JPY currency pair has recently broken below its support level, which had previously defined its trading range. This breach is significant because it indicates a potential change in market sentiment, suggesting that bearish momentum is...
Daily Market Analysis Trend Overview Today's analysis reveals a bullish trend in the market, as indicated by the opening price positioning above the pivot level of 0.5708. This suggests that the market sentiment is leaning towards upward momentum....