The EUR/USD currency pair continued its downward trend on Wednesday, reaching a new 54-week low and settling around the 1.0550 level. This decline is primarily driven by the strength of the US Dollar, which has been gaining momentum due to various...
Eurusd H4 Time frame Technical Analysis: On the H4 time frame chart, I’ve identified several potential targets for sales. The first target is at the 161.8 Fibonacci extension level, around 1.0552. The second target is at the 261.8 Fibonacci level,...
M-1 Chart Technical Outlook AUD/USD AUDUSD failed to sustain its bullish momentum and after touching a high of 0.6539, prices fell against the USD in the US trading session today. We can see forming Aroon Indicator Bearish Trend in 15 minutes...
GBP-JPY H1 TIME FRAME Currently, what is seen through the 1-hour timeframe for the GBPJPY currency pair is the tendency for prices to move bullish. This is quite clearly observed through the change in trend direction where trading is above the 50...
Technical analysis AUD/USD D-1 Currency pair AUDUSD - Chart D1. The wave structure forms a downward trend. The MACD indicator drops into the lower sales zone and below its signal line. Before and after the US presidential election, there were quite...
