I see that the AUD/CAD pair is currently trading below the moving average, which I interpret as a clear indication of a prevailing downward trend. I observe that the indicator is showing the pair in the oversold area, but I still prioritize the...
GOLD H1 The pair is trading in a range, the resistance at 3044.87 was broken. Resistance was broken with buying volume present. I anticipated the pair to go higher when it was trading near the resistance at 3090.64. There was a range, buying...
Investors are set to focus on several key economic indicators in the coming days, with Germany’s Harmonized Index of Consumer Prices (HICP) and the European Central Bank (ECB) Monetary Policy Meeting Accounts taking center stage. In the U.S.,...
Technical analysis of USDCHF The USD/CHF pair closed the recent trading session at 0.8602, reflecting a cautious market sentiment amid fluctuating macroeconomic conditions. The pair has been trading within a defined range, with immediate support...
I looked at the NZD/USD pair on the weekly timeframe, and I clearly see a strong bearish impulse that shaped the market over the past week. I noticed how the pair confidently dropped and printed a solid bearish candle, leaving little doubt about the...
