The AUD/USD currency pair has been displaying a clear bullish tendency, as evidenced by its ability to hold above the crucial pivot level of 0.6265. This level serves as a key inflection point that determines whether the pair will sustain its...
Price Action and Volume Analysis Candlestick Patterns: Recent candlesticks are displaying strong selling pressure, indicating that bullish retracements are weak. This suggests that buyers are struggling to push prices higher, and the market...
Technical Analysis EUR/USD D-4 Chart The relative strength index (RSI) indicator on the 4-hour chart remains below 40, highlighting a bearish stance. On the downside, 1.0290-1.0300 (23.6% Fibonacci retirement of the latest downtrend, round number...
The USD/CHF currency pair is at a critical juncture, with potential price movements forecasted within a range of 38 to 58 pips. Technical indicators suggest that the pivot level of 0.9085 is a key determinant of the market’s direction. If the price...
I've noticed that the instrument has begun to establish conditions for growth. I observed that the price has pierced through a local maximum, and although it has since retreated below that level, it hasn't updated its last minimum. I believe this...
