Currency pair AUDUSD - let’s consider today the chart of the D1 period. From the beginning of February, we can see this. The price made a dip downwards with a price gap and updated the minimum of the previous January. A bullish divergence was formed...
EUR/USD Technical Analysis and Forecast The EUR/USD market is currently in a downtrend. It is showing daily highs and lows and signs of price consolidation. Key technical indicators point to mixed dynamics. The price later dipped to 1.0467 before...
Market Fundamentals: Stronger-than-expected Tokyo Consumer Price Index (CPI) data, coupled with hawkish remarks from Bank of Japan (BoJ) Governor Kazuo Ueda last week, has fueled speculation of another interest rate hike. However, BoJ board member...
I believe that if the NZD/USD price does not rise now and subsequently fails to consolidate above the formed maximum, then my proposed scenario may begin to take shape. This is just one of many potential scenarios that could ultimately prove to be...
The AUD/USD currency pair is currently showing a potential bearish reversal signal on the H4 timeframe, indicated by the formation of a double Evening Star pattern. This pattern typically suggests a shift in market sentiment from bullish to bearish;...
