AUD/USD Price Studies I am presently dissecting the real-time analysis of the pricing of the AUD/USD currency pair. I assumed that a reversal would occur, but I did not think that it would be so easy. So extremely low activity on the AUD/USD pair...
EUR/USD PAIR Analysis The ECB is expected to cut interest rates by 25 basis points at its September 2024 meeting, the second cut this year after a similar move last June. This will bring the main interest rate on funding operations back to 4%, the...
GBP/USD ANALYSIS H4 Period Chart GBPUSD currency pair. Monday was strongly growing, the price is moving within the descending channel now at its upper border, the wave structure is still building its order downwards. The MACD indicator is currently...
USD/JPY Market Analysis September 17, 2024 Based on the USDJPY chart on the daily timeframe shown, I see several important points for further analysis. First, the current price position is around 140,767, approaching significant support in the...
Bearish and bulish engulfing Understanding Bearish and Bullish Engulfing Patterns When it comes to technical analysis in trading, candlestick patterns are vital tools used by traders to predict potential price movements. Among the many candlestick...