Afternoon analysis update - September 13, 2024 This afternoon I saw the situation in the EURUSD market and tried to make an analysis using the chart on the H4 time frame which made me quite interested in last night's market trend because I saw that...
The Australian dollar (AUD) continued its upward trend against the US dollar (USD) for a third consecutive session, driven by positive economic data and a shift in market expectations regarding the Federal Reserve's monetary policy. The release of...
The USD/CAD currency pair is currently trading above its daily opening level of 1.3564 and the daily Pivot level of 1.3559. Key indicators suggest a bullish trend, as the price is holding above the MA71 trend line, where significant volume...
The USD/CAD pair has been consolidating within a range, with the Canadian dollar (CAD) exhibiting relative weakness compared to the US dollar (USD). This consolidation is occurring despite the broader decline in the US Dollar Index (DXY) and growing...
EURUSD I sold a little after the price returned below the 1.1023 level, but my expectations of a continued decline failed and EURUSD prices returned above this level during yesterday’s trading, a bullish absorption formed on the daily chart, showing...