EUR-JPY Analysis: Current Market Conditions and Future Trends The EUR-JPY currency pair is currently moving downwards, exhibiting a wave structure that indicates continued bearish momentum. The most recent decline has updated the previous minimum,...
GBPUSD currency pair - let’s look at the H4 chart again. The wave structure is built in an ascending order, the MACD indicator is in the upper purchase zone. Last week, the price moved little; they tricked the sellers, drew three peaks, the...
The crude oil (#CL) H1 chart presents a clear downward trend with occasional corrective movements. The price is currently at 69.08, having declined from previous levels, following a consistent pattern of lower highs and lower lows. The presence of...
Technical Analysis and Trading Plan for AUD/USD Sideways Movement and Potential Breakout Currently, the AUD/USD pair is exhibiting sideways movement, indicating that the market has not yet decided on a clear direction. The moving averages remain...
Analyzing the hourly chart of the EUR/USD currency pair reveals that the price has approached a significant resistance level at 1.05360. This point is crucial, as it serves as a potential pivot where the price could either break out or retreat back...