AUD-USD As of February 2, 2025, the AUD/USD currency pair is exhibiting a bearish trend. Technical indicators, including moving averages and oscillators, suggest a strong sell signal. The pair is currently trading around 0.6215. Key support is...
Zigzag Chart Pattern A Zigzag Chart Pattern is a technical analysis pattern used in financial markets to identify price movements that follow a sharp up-and-down sequence. It is often seen in trends where price corrections or retracements occur...
The Canadian dollar (CAD) experienced a volatile week, ultimately recovering on Friday after a significant drop earlier in the week. The currency's roller-coaster ride was largely driven by external factors, primarily related to US trade policy and...
Hammer Candlestick Chart Pattern The Hammer candlestick pattern is a key bullish reversal pattern that appears after a downtrend. It signals a potential change in momentum from selling pressure to buying interest. Traders and investors use this...
USD/JPY Price Action and Trend Currently studying the ongoing USD/ JPY currency pair price action. The USD/JPY pair on the 4-hour chart is exhibiting a mix of consolidation and gradual recovery as the market heads into Sunday’s closure, a day...
