Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis, the market price is currently between 0.6462 resistance and 0.6402 support. Market prices have now breached this resistance level and rebounded again, indicating that the...
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The People's Bank of China (PBoC) is expected to implement an interest rate cut at an appropriate time this year—a move that could provide a much-needed boost to Chinese demand. The currency pair extended its gains against the U.S. Dollar (USD) for...
Let’s take a closer look at the D1 timeframe chart for the EURUSD currency pair. Most of April has gone by, and buyers are taking charge in the market. The wave pattern is still developing in an upward trend, and the MACD indicator is climbing in...
Greetings to all traders and market enthusiasts. Today, I want to share an analytical perspective on the NZD/USD currency pair, focusing on a technical analysis using the Bollinger Bands indicator combined with vertical volume data. This approach...