The currency pair has experienced a notable rally, reaching a higher high and reinforcing its established uptrend. After peaking, the pair has started moving sideways, potentially forming a Bull Flag continuation pattern. If this pattern holds, it...
RBA’s Assistant Governor Sarah Hunter recently indicated that these rates are contributing to what is expected to be a mild economic downturn. While the labor market remains tight, showing levels of employment growth, Hunter emphasized that this...
The pair is experiencing a second consecutive day of follow-through selling, with the exchange rate dropping back below the 1.4350 mark during the early Asian session on Friday. This downward move is largely driven by a stronger U.S. Dollar (USD),...
BTC/USD Technical Analysis and Market Outlook The BTC/USD market has seen significant price volatility today. After hitting an intraday high of 99.494, the BTC/USD market has corrected a lot and is currently trading around 97.151. These price...
USDJPY currency pair - D1 chart. During this senior period, it is striking how clearly the bearish divergence worked out, which was earlier in November on the MACD indicator. A good descent that ended in late November, early December at the...
