PAIR REVIEW AUDCAD Hello! Let’s consider the chart of the D1 period - the AUDCAD currency pair. The ascending wave structure broke after the last wave of decline updated the minimum of the previous one, thus the wave structure built its order...
The Spot price took a significant hit during Wednesday's session, falling to 0.6410, as concerns over China's economic outlook spooked investors. The decline came after a leading Chinese official failed to provide specific details about the...
Pulse Check: AUD/ USD Price Today, we will discuss the price action analysis for the AUD/ USD currency pair. The quote was recently trading in a narrowing triangle, and then the upper boundaries were broken; the pair went to the resistance of...
GOLD H1 MARKET ANALYSIS. Based on the XAUUSD chart on the H1 timeframe, it can be seen that the current price is moving in a consolidation zone (marked in the blue area) with an upper limit around the 2650-2655 level and a lower limit around the...
GBP USD Technical Analysis: Four-hour chart: If we look at the market price, in the four-hour time frame, the market prices were moving downwards and the selling pattern was helping to bring the market down. This pattern has been in the sale for a...
