A Symmetrical Triangle Pattern is one of the most common chart patterns observed in technical analysis, typically signaling a period of consolidation before the price moves in the direction of the breakout. This pattern consists of two converging...
The price test at 142.37 occurred when the MACD indicator began to move down from the zero mark, confirming the correct entry point for selling the dollar, in line with the recent ongoing downward trend. As a result, the pair dropped by more than 30...
AUD-USD PAIR ANALYSIS To complete today's technical data, the H4 timeframe chart can be seen that the AUDUSD price movement in trading since last August has been dominated by bullish candlesticks or heading towards an upward trend. Although at the...
The GBP/USD pair traded with low volatility and an upward movement on Thursday. The market had no reason to buy the British currency. The rise in quotes on Thursday can be attributed to a correction within a correction within a correction, but we...
USD/CAD Price Activity In our discussion, we analyze the current behavior of the pricing of the USD/ CAD currency pair. The USD/CAD pair continues its decline as the new trading week unfolds, driven by the rise in oil prices, while other significant...