Technical analysis 01 June 2025 AUD/USD D-1 We open a weekly timeframe for AUD and see that earlier, after a rebound from the local maximum of 0.8000, AUD went down, and then a descending price channel was formed, within which AUD is traded at...
Navigating the EUR/USD: A Look at Recent Trends and Potential Outlook The provided 1-day chart for the Euro against the U.S. Dollar (EUR/USD) from CMC Markets offers a fascinating glimpse into the currency pair's recent performance and potential...
EUR/USD Technical Analysis As of now, the EUR/USD currency pair is trading around 1.13476. Looking at the overall price movement, the pair is currently in a downtrend. However, there are signs that the pair may see some upside potential in the near...
Navigating the Volatility: A Look at Recent WTI Crude Oil Movements The provided 1-day chart for WTI Crude Oil (PYTH) offers a compelling snapshot of market dynamics from late April through early June. Traders and investors closely monitor crude...
I am currently analyzing the EUR/USD currency pair on the D1 chart, where I observe that the wave structure is still forming in an upward direction, but I remain cautious due to broader market signals. I notice that the MACD indicator is situated in...