USDX INDEX PAIR ANALYSIS For the USDX index this week the price is back to closing with a bullish candle, but if we look closely at the chart on the H1 time frame, the USDX index is still consolidating and the closest support is currently at the...
FLAT PATTERN IN FOREX TRADING A flat pattern in Forex trading refers to a chart pattern where the price action moves sideways within a narrow range, without showing any clear trend or direction. This pattern is also known as a "flat" or "sideways"...
Analysis of trades and tips for trading the British pound The test of the 1.3055 price level occurred as the MACD indicator had just begun to move down from the zero line, confirming a good entry point for selling the pound. However, as seen on the...
AUD/USD Support Levels in View The AUD/USD currency pair's price behaviour analysis is under discussion. After reviewing the AUD/USD pair on the H4 chart, I conclude that my previous assessments and benchmarks have not yet played out as expected...
AUD/USD Direction Forecast The analysis of the price behaviour of the AUD/USD currency pair is currently open to discussion. There should have been consideration of buying at the current levels since specific conditions must be likely. As for the...