Last Wednesday, the AUDUSD continued its decline, although not too deep. After successfully breaking through the h1 support at 0.6326, the candle was only able to move to a price of 0.6310. Now the position of AUDUSD itself is being held in the...
The AUD/USD H1 chart presents price action within Bollinger Bands, accompanied by the Stochastic (5,3,3) oscillator, providing insights into volatility and momentum. The price is currently hovering around 0.6301, showing signs of potential...
Market Analysis: EUR/USD Trading Insights Current Market Overview The EUR/USD currency pair is currently experiencing a downward trend following a previous rise that faced rejection at the H1 timeframe resistance level of 1.0528. This rejection...
Analysis of USD/JPY on H1 Timeframe Introduction In this analysis, I will examine the USD/JPY currency pair using the H1 (one-hour) timeframe. Currently, the price is trading above the 21-period and 34-period Moving Averages, indicating a bullish...
Daily Analysis of EUR/USD Current Market Overview I hope everyone is doing well today! As we dive into the trading opportunities for EUR/USD, it’s essential to understand the market conditions and how they might affect our trading strategies. The...