The AUD/USD currency pair is currently exhibiting a phase of consolidation around the 0.6400 level. This price action places the pair near the midpoint of its daily trading range, which has spanned from a low of 0.6349 to a high of 0.6436. Despite...
The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
On Monday the 28th, there are 3 full working days left until the close of the April candle. This is essentially the time for the formation of the body and upper shadow of the MN candle. The analysis of the construction of the April candle shows...
T E C H N I C A L _ A N A L Y S I S U S D / C H F Hello, I prefer USD/CHF for technical analysis. USD/CHF is trading at 0.8274 at the time of writing. Significant resistance is likely to be found in this area. Meanwhile, the price chart remains in...
Currency pair EURUSD - D1 chart. Last week, at the beginning, prices continued to rise, but then they were quickly brought down from the highs reached. The previous week closed almost where it opened. The latest upward wave surpassed the previous...
