The AUD/USD currency pair is currently exhibiting a phase of consolidation around the 0.6400 level. This price action places the pair near the midpoint of its daily trading range, which has spanned from a low of 0.6349 to a high of 0.6436. Despite...
The euro experienced a weakening of its upward momentum during the early hours of Friday's European trading session, settling around the 0.8530 level against other major currencies. This slight loss of traction coincided with a notable strengthening...
A bearish trend frequently comes to an end when the HS pattern is reversed. The price moves in a zigzag pattern with three primary rudiments a lower low on the left shoulder, a new lower low on the head, and a advanced low on the right shoulder. The...
The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
Currency pair EURUSD - D1 chart. Last week, at the beginning, prices continued to rise, but then they were quickly brought down from the highs reached. The previous week closed almost where it opened. The latest upward wave surpassed the previous...
