GBPUSD Last week there were seven signals for the pound dollar. Two of them worked. And basically all the signals were false, they were false mainly due to the fact that from Tuesday to Wednesday the price was trading in a range. When it is trading...
Technical Analysis of Crude Oil: 4-hour chart: If we look at the price of crude oil today, the market price is falling in the 4-hour time frame, and at this time, the prices come to your four-hour fair value area and get support from this area. In...
The 25 basis point cut by the ECB has probably been fully factored in. The current high expectation of a further ECB rate cut in December faces an increased risk of overvaluation. Watch for key medium-term support at 1.0780/0750 on EUR/USD. Over the...
•••EUR/JPY: Navigating the Sideways Market••• The EUR/JPY currency pair has been stuck in a sideways market for quite some time, with neither bulls nor bears able to gain a definitive upper hand. Despite several attempts to push through key...
H4 period chart - AUDUSD currency pair. The wave structure built its order downwards. The MACD indicator is already in the lower sales zone, although now it is again above its signal line, which indicates an upward correction. When the price had not...