Currency pair AUDUSD - let’s consider the chart of the D1 period today. We can say that the descending wave structure on this chart already broke after the current growth wave updated the previous wave’s maximum. The MACD indicator is still in the...
Ethereum Technical Analysis Ethereum showed strong bullish momentum this morning, reaching 3220. However, the price encountered resistance at this level, which led to a pullback. Ethereum is trading around 3167 and testing the critical support level...
Gold Levels Off Following Tech Selloff-Driven Drop Gold had its worst decline in more than a month on Monday, dropping more than 1% as investors sold off holdings to counter stock market losses. The advent of the low-cost AI model from Chinese firm...
Market Fundamentals of the EUR/USD: This week, market participants will closely monitor speeches from several Federal Reserve (Fed) officials for insights into the central bank’s potential monetary policy decisions. Current projections, as indicated...
Technical analysis of the USDJPY pair On the 4-hour chart, the pair price started trading this week inside the white triangle, which is the common area between the price channels. Where we have the red channel, which is a side channel that...
