Currency pair AUDUSD - chart D1. After the last growth wave updated the maximum of the previous one, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it, it is only needed to detect...
Market participants are closely watching macroeconomic developments, particularly in the context of inflation and the Federal Reserve's interest rate decisions. The expectation of lower taxes and higher import tariffs could lead to a high inflation...
EUR/USD Technical and Fundamental Analysis The market structure is bearish when we analyze EUR/USD on the 1-hour chart. The price makes lower lows and fails to break previous highs, indicating a strong downtrend. The key resistance level is 1.4100,...
The GBP/USD currency pair has demonstrated a resilient recovery following a dip to the 1.2575 support level, a confluence of the short-term bullish trend line and the lower Bollinger Band. This rebound suggests a potential resurgence of bullish...
Technical analysis of USDCHF Today I chose USD/CHF for technical analysis. The market price is falling and the trendline that helped it fall has been broken. While earlier the market price was very much respecting this trend line, now the market...