Currency pair AUDUSD - let’s consider the chart of the D1 period today. We can say that the descending wave structure on this chart already broke after the current growth wave updated the previous wave’s maximum. The MACD indicator is still in the...
CL(Crude oil) CL(Crude oil) outlook: The oil market is reflecting a cautious sentiment, with a mix of optimism and concerns shaping price action. Concerns about global economic growth, particularly China's economic slowdown, are weighing on traders...
Forecast of NZDUSD The NZDUSD nearly tested the 50 EMA line last week due to the substantial buying momentum on the daily time frame chart, which caused the entire price to rise. The price fell on Monday of this week and continues to do so today...
GBP/USD Trend Analysis Today's focus is on the analysis of the price movements of the GBP/USD currency pair. The upward momentum of the British pound has stalled. After a rebound from 1.2522, the GBP/USD pair reversed and began a significant...
Forecast of USDJPY The price drifted along the moving average lines on the daily time frame chart for the last few trading days, and trading activity was inside the range zone. The USDJPY even breached the range zone's support level and crossed the...