The current price being below the Moving Average (MA) validates our assumption regarding market trends. The Moving Average Convergence Divergence (MACD) indicator, however, does not yet signal a sell for this currency pair. We are patiently awaiting...
GBP/USD ANALYSIS The weakening outlook of the US Dollar currency was well utilized by buyers to support the rally in the GBPUSD pair. It can be seen that the price is still moving up after successfully passing the Kumo cloud last Tuesday. The price...
Charting the Course: Silver The present analysis of the Silver Price behavior is subject to discussion. The 'butterfly' pattern on your chart was confidently broken by buyers, leading to significant growth in silver prices. Early in the week, there...
## Analysis of AUD/USD on the Daily (D1) Time Frame ### Recent Price Movement In the past few days, the AUD/USD pair has been oscillating within various range zones on the daily (D1) time frame chart. This range-bound behavior is evident from the...
EUR/USD H-4 TIME FRAME CHART. EURAUD, four-hour chart. On the four-hour chart, so far everything is pointing to a decline. The key word is "so far"... Although average prices are also falling. As expected, the younger moving average is lower than...