The AUD/USD 4-hour chart indicates a prolonged downtrend that started from a peak near 0.7015, followed by consistent lower highs and lower lows. The price action has been respecting a downward-sloping moving average (red line), which has acted as...
EUR/USD Analysis Good Sunday! The recent analysis of the four-hour charts for the EUR/USD currency pair reveals a strong upward movement. The bulls have nearly reached the 1.0520 mark, which corresponds to the price peak observed at the end of...
Market Analysis of EURAUD on H4 Time Frame Overview of Recent Price Movements Recently, I have been observing the EURAUD currency pair on the H4 time frame, and I noticed a significant upward momentum in the market. This upward trend reached a peak...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Hello. Today I have decided to do a technical analysis of GBP/USD. GBP/USD is trading at 1.2584 at the time of writing. Currently, GBP/USD is in a bullish direction but this direction can't be said...
Current Situation of Gold According to the 4-hour chart, gold is currently trading above the daily opening level of 2,620.00 and the daily pivot point of 2,577.00. Indicators suggest that the price is above the MA72 trend line, indicating some...