THE CURRENCY PAIR AUD-CAD we are standing still. The wave structure is building its order downwards; the MACD indicator is decreasing in the lower sales zone and below its signal line. Earlier, the main large ascending line was broken downwards....
Gold technical analysis Four hour time frame: In a falling wedge, I destroyed gold options faster than I expected. The metal has found support at the 2658 level and has bounced and traded there multiple times. This week, we should be able to recover...
The GBP/USD currency pair is currently consolidating within a narrow trading range around the 1.2200 level, exhibiting a lack of decisive direction. This indecision comes amidst the release of crucial inflation data from both the US and the UK,...
The USDJPY price experienced a significant decline last week, making the downward trend appear likely to continue. However, the price has remained stable since then and shows no further signs of decline, creating uncertainty. While there are some...
The EUR/USD currency pair experienced a brief rebound from its recent lows, reaching near the 1.0300 level. However, the recovery proved fragile, with the pair remaining under pressure, highlighting the bearish sentiment that has dominated the...