AUD/USD As of today, AUD/USD is showing some volatility, with both technical indicators and fundamental factors influencing its movement. Technical Analysis: Right now, AUD/USD is hovering around the 0.6350 level, a key support zone that’s been...
Bearish Belt Hold Chart Pattern The Bearish Belt Hold is a single-candlestick pattern in technical analysis that suggests a potential reversal from an uptrend to a downtrend. It is considered a type of Marubozu candle and falls under the category...
Let’s consider the chart of the D1 period - the EURJPY currency pair. As is clearly seen here, 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...
GBP/USD: Simple business tips for beginner traders for 26 February. Analysis of yesterday's forex shops Analysis of shops and business tips for British pound The 1.2666 level test occurred when the MacD indicator has already shifted significantly...
As I analyze the daily chart for the Kiwi, I observe that the descending price channel was previously broken when the price surged through its upper border at 0.5665. Following this breakout, I notice that the Kiwi began to trend upward, forming an...
