In Tuesday's early negotiation, the euro increased an impressive rally against the US dollar, climbing to the critical area between 1.05 and 1.06, a region that I have been monitoring closely for some time. This range is particularly remarkable,...
The Australian dollar initially experienced a decrease, only to recover and show some recovery signs. However, compared to other important currencies, the Australian remains the weakest, and this relative fragility means that it often attracts less...
GBPUSD continues its bullish rely on Tuesday's market movement. The weakening dollar made GBPUSD continue its bullish rely. The price managed to rise and break out the resistance line 1.2715. The next movement of GBPUSD, if seen from the price that...
Technology Outlook AUD/USD Daily Chart After the last growth wave updated the maximum of the previous one, the descending wave structure was broken. The MACD indicator is near the zero mark, and there are essentially no signals from it; usually, it...
Look for a series of higher highs and lower lows on the price chart.Connect the peaks and troughs with trendlines to form the megaphone pattern.Confirm the pattern by observing other technical indicators or chart patterns.Look for increasing volume...