Currency pair AUDUSD - D1 period chart. January has passed and the downward wave structure on this chart can be said to have already broken after the last growth wave updated the maximum of the previous wave. The MACD indicator is still in the lower...
The EUR/USD hourly chart exhibits signs of consolidation following a recent downward move, with the price stabilizing around 1.0361. The Bollinger Bands indicate a contraction, suggesting reduced volatility and a potential breakout in the near term....
During Friday's European session, the EUR/USD drops to around 1.0370 due to selling pressure. As the Euro (EUR) weakens and inflationary pressures in six German states decrease, the leading currency pair falls. Eurozone pricing pressures are likely...
The GBP/USD H4 chart reveals a dominant downtrend over the past several months, with consistent lower highs and lower lows forming a bearish market structure. The 50-period moving average (red line) has acted as dynamic resistance, capping price...
The NZD/USD pair is presently in a downward trajectory, firmly positioned under the pivot point of 0.5666, which stands as a critical technical level. The overall technical configuration is negative, as demonstrated by the RSI reading below 50—a...
