The AUD/USD currency pair experienced a notable decline, settling around the 0.6330 mark, as traders braced for the release of Australia's January Consumer Price Index (CPI) data. This anticipation comes against the backdrop of the Reserve Bank of...
GOLD Trading Analysis Update Wednesday, February 26, 2025 After recording an all-time high, the price of Gold experienced a very impulsive decline due to profit-taking actions by some investors. Concerns about the ongoing trade war and the...
Chart D1 - Currency pair EURJPY. The price is pressed down along the general downward trend. Here, the wave structure is still descending. After the last wave of decline updated the minimum of the previous one, the third wave went down. The MACD...
On Monday, I observed that the day began with some upward movement, indicating initial growth. However, the price soon dropped to the support level of 188.306, where it stabilized. Throughout Monday and Tuesday, I noticed that the price continued to...
THE CURRENCY PAIR USD-JPY Today I have already managed to look at the USD/JPY situation on the daily chart using the wave technique. It turned out that it is highly likely to continue to decline. I went to look at the current situation using another...
