Currency pair AUDUSD take a look at the D1 period chart. Following the recent wave of growth, which reached a peak higher than the last one, the pattern of the downward wave was disrupted. The MACD indicator is currently close to zero and isn’t...
GBP/ USD: Forex Dynamics through Price Action Let's discuss the GBP/ USD currency pair's current pricing behavior, and our analysis's focus. We stumbled again at the same place and went down. Perhaps this is an acceleration into a fall, but...
Technical analysis of EURGBP Today we will perform technical analysis on EUR/GBP. The market also broke through the support level, and now the support level is set as resistance, which will be the next support level for the market. Market interest...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping prices move higher within the channel. Crude oil prices are currently hovering above support and...
In the context of trading, fractals are graphical formations that help traders identify trends or reversals. A fractal pattern usually consists of five or more bars and is identified by the arrangement of the high and low points. Fractals are often...