The AUD/USD pair is currently facing strong downward pressure, particularly as it continues to trade below the critical resistance level of 0.6046. Technical indicators are aligning to suggest a bearish scenario, with the RSI clearly remaining below...
The most closely watched aspect will be the Summary of Economic Projections (SEP), where inflation expectations are likely to be nudged higher, while growth projections may be slightly downgraded. However, the confidence behind these forecasts will...
The currency pair USDJPY - let's analyze the chart of the D1 period. The wave structure here is forming a downward pattern, the MACD indicator is once again decreasing in the oversold zone and below its signal line. The decline that occurred in...
I currently see a confident downward movement on the USD/CAD chart, and I believe that the overall direction of this trading instrument remains bearish. I am observing that the price is clearly moving to the south, and I consider the current...
Currency pair AUDUSD - let's take a look at the D1 chart. In the previous trading week, the price for this pair fluctuated in various directions. Currently, a downward wave pattern is being established, and the MACD indicator is falling, situated in...
