USD-JPY Technical Analysis – 08 October 2024 In carrying out this analysis I used the help of indicators: • Simple moving average period 150 • 60 period simple moving average • MACD indicator (12,26,9) • Relative Strength Index 14 indicator The...
The Story in the Charts: GBP/USD The analysis of the price behavior of the GBP/USD currency pair is open for discussion. The GBP/USD pair is gaining momentum, breaking a five-day losing streak and reaching a multi-week low. A slight dip in the...
Navigating the Waves: Gold Prices We are currently studying the ongoing Gold price action assessment. As tensions in the Middle East are on edge, gold will likely experience a correction, unfolding as the price moves downward, breaking out of a...
USD/ JPY Price Action Forecast We are currently examining the current analysis of the USD/ JPY currency pair's price assessment. I also expect USD/JPY to move higher, as it has rebounded from the support level at 141.51. It's clear that the pair...
AUD/USD ANALYSIS H4 Period Chart Let's look at the H4 chart again - the AUDUSD currency pair. The wave structure is still in an ascending order, but the MACD indicator is already in the lower sales zone and below its signal line. When the price had...