On the daily chart of this currency pair AUDUSD, you can see how, since beginning the current February, the price has made a dip downwards, with a price gap, and updated the minimum of the previous January. A bullish divergence has formed on the...
The GBP/USD H1 chart reflects a bullish trend that has been followed by a period of consolidation and minor pullbacks. The price action has remained above the midline of the Bollinger Bands, indicating strong buying momentum over the past sessions....
Bitcoin Price Analysis – Bearish Momentum Continues Market Overview: Bitcoin is currently trading at $83,549.6, reflecting a significant downtrend on the hourly chart. The price has been in a steady decline since the 21st, with multiple bearish...
The EUR/JPY H1 chart displays a well-established downtrend, followed by a phase of consolidation near lower price levels. The price has been consistently trading below the midline of the Bollinger Bands, indicating that bearish momentum remains...
Market participants are closely monitoring upcoming economic releases from both the Eurozone and the United States, which could influence EUR/USD’s near-term trajectory. German Retail Sales and the pan-EU Producer Price Index (PPI) inflation data...
