AUD/USD Today, we'll discuss analyzing the AUD/USD currency pair's price movements. The AUD/USD pair saw buying activity on Friday, and the daily chart indicates a continued upward trend. The critical question is whether this bullish movement will...
Preview: The Stochastic Trading Oscillator is a technical analysis tool used to predict price movements in financial markets. It compares the closing price of a security to its price range over a given period, typically 14 days. The oscillator has...
On-Neck Chart Pattern The On-Neck pattern is a candlestick formation often seen in Forex trading. It is considered a continuation pattern that usually appears in a downtrend or uptrend, signaling that the prevailing trend is likely to continue....
Fundamental Analysis In the European session on Friday, the EUR/USD pair slightly rebounds to about 1.1120 after declining from a new high for the year of 1.1174 on Thursday. Amidst caution ahead of Federal Reserve (Fed) Chair Jerome Powell's...
The pair experienced a significant rise on Friday, climbing to nearly 1.1132 during the European trading session. This surge was driven by stronger-than-expected economic data. The preliminary GDP report revealed that the Eurozone economy grew at an...