AUD/USD ANALYSIS Daily Timeframe Today we will consider the chart of the D1 period - the AUDUSD currency pair. This currency pair is still in a steady downward trend, you can see how cool the bearish divergence on the MACD indicator and the reversal...
A Fakey pattern is a trading pattern used in Forex that can help traders identify potential false breakouts. It's called a "Fakey" because it looks like a real breakout, but it's a trap. This pattern forms when a currency pair breaks out of a range...
EUR/AUD TRADE IDEA: The bias of the market is bullish. A bearish pullback is a chance to execute the trade at a better price. Yesterday, the market opened at the 1.6748 level. During yesterday's trading session, it reached a high of 1.7180 and a...
NZD/USD M-5 At this point it is time to analyze the NZDUSD pair on the M5 timeframe. I have nothing on my chart except the Relative Exotics Index indicator, and the period I use is the standard value of 14. I hope that such a simple set of...
Good morning. I also thought that today we could expect another wave for the Euro towards yesterday's maximum at 1.10081, but the Euro started to fall without growth during the European session. In general, sellers have not been able to break...