When analyzing the potential movements of a currency pair, specific price levels often act as crucial indicators for traders. In this case, if the price exceeds the level of 1.2680, it is likely that the pair will experience upward momentum. This...
HAPPY KILLER AUD/USD TRADING DISCUSSION M15 Minutes Timeframe Outlook: On chart M15, the linear regression channel is directed to the south, signaling the presence of a strong seller in the market, who is trying to go down to 0.66549. The area of...
The market has been experiencing a sideways trend, with sellers struggling to push prices downward significantly. Despite their efforts, they have not succeeded in establishing a clear downward trajectory. Buyers have made attempts to regain control...
EUR/USD H-1 Timeframe Analysis: The EURUSD currency pair, after a retest of the early support level of 1.0713, began to strengthen. Buyers have absorbed 1/2 of the Asian decline and are currently looking towards the expected resistance level of...
An alternative scenario when approaching the resistance level at 0.66799 or the resistance level at 0.67141 would involve a reversal candle formation and a downward price movement. If this scenario unfolds, I will expect the price to return to the...