On the AUDCAD 1-hour timeframe, bullish momentum appears to be fading. After failing to maintain its position above the upper Bollinger Band, price action has started to contract and gradually drift lower. A recent bullish attempt was rejected near...
Market Fundamentals: Bitcoin and other risk assets are currently undergoing a phase of temporary consolidation, primarily driven by the appreciation of the US dollar. This trend is evident in the recent downturn across the US stock market, signaling...
Recently, the currency pair has been moving sideways within a consolidation range, which is quite evident when analyzing the hourly chart (H1). The H1 timeframe is popular among scalpers because it offers a good balance between detail and clarity,...
EURUSD 26.04.2025 When it comes to the euro, it seems more likely to see a decline rather than growth (when compared to the analysis of the GBPUSD pair). I recently reviewed the pound and there were few factors for a southward movement. With the...
Forecast of USDJPY According to the H4 time frame chart, the price surged due to overwhelming bullish momentum on Wednesday during the New York trading session. As a result, the USDJPY changed the trend direction by crossing the moving average lines...