USDCHF currency pair - let’s consider the D1 period chart. The wave structure that is building its order downwards and the MACD indicator that was falling in the lower sales zone and below its signal line were in favor of the sellers. Well, it can...
AUD/USD AUD/USD Rises to Near 0.6300 Amid Weakness in the US Dollar AUD/USD rises to approximately 0.6300 as the US dollar drops due to an uncertain US economic situation. In March, Australia's Westpac Consumer Confidence increased significantly to...
What is Intraday Trading in Forex? Intraday trading in Forex, also known as day trading, refers to the buying and selling of currency pairs within the same trading day. Traders aim to capitalize on short-term price movements by executing multiple...
The pair was trading near the 1.44185 level when I observed significant sell volume. I assumed that the pair would move lower as the sellers' limits were actively working at this level. The level was broken from top to bottom, and I noticed that a...
Forecast for AUD/USD on March 11, 2025 As of now, the Australian Dollar (AUD) has navigated through a consolidation range between 0.6273 and 0.6351. The significant support level of 0.6273 remains critical; if the AUD drops below this threshold, it...
