Currency pair EURUSD - let’s consider the daily period of the chart. So far, the wave structure on this senior period is building its order downwards. The MACD indicator is in the lower sales zone. This suggests that the downward trend has not yet...
The Japanese Yen (JPY) displayed a degree of resilience against the US Dollar (USD) on Thursday, recovering slightly from a one-week low. This minor bounce coincided with growing market expectations that the Bank of Japan (BoJ) will finally raise...
Have a great day everyone! There is an opportunity to sell against the main movement on the hour. The basis for this is the linear regression channel turned downwards. Although it is more correct to skip sales or wait for the downward reversal of...
General Points about XAUUSD: We can see that the XAUUSD market is currently showing a bullish trend, trading at the 2753 level. Gold is experiencing strong buying interest, and the market has maintained an upward trajectory. The bullish momentum...
GBP/ USD Price Movement We will look closer at the current price behaviour analysis of the GBP/ USD currency pair. The day for Wednesday on our quote closed with a bearish candle, but it is completely inside the candle for Tuesday. Now the price...