In the context of analyzing financial markets, particularly in the foreign exchange (Forex) market, traders often utilize various tools and indicators to forecast price movements and make informed decisions. Recently, I observed some discrepancies...
AUD/USD AUD/USD is trading around 0.6215 today, and I’ve been keeping a close eye on this pair after it bounced back from that five-year low of 0.5933 earlier in the week. This recovery has mostly been driven by broad U.S. dollar weakness, with...
Crude Oil (#CL) Technical Analysis H1 Timeframe Crude Oil (#CL) is trading at 60.64, exhibiting a consolidation phase after a recent recovery from the lower support levels. Using the Zigzag indicator on the H1 timeframe, we can observe a significant...
Technology Outlook USD/CHF D-1 Chart Today, the pair is moving south at this time. On the daily chart, the pair is also moving south for the second day. I wonder if the southward movement will continue or if we should expect another option. I will...
I observe that the AUD/USD pair is currently attempting to break out of a descending channel, which is a bullish signal if confirmed. The price is also striving to consolidate above the critical CC200 moving average (orange curved line), reinforcing...
