The provided chart shows the AUD/USD currency pair on the H1 timeframe. The analysis considers both price action and technical indicators, such as the Relative Strength Index (RSI) and a moving average. Let’s break down the key observations and...
Bitcoin’s performance in 2024 has been remarkable, with the cryptocurrency experiencing significant price gains fueled by a combination of favorable political developments and increasing institutional adoption. The market’s overall sentiment remains...
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EUR/USDowell arranges sell-off. EUR plunges to 2-year low. Parity on horizon? The EUR/USD pair plunged to 1.0351 with a single-session fall of 1.32%. The instrument recorded its lowest close in two years. This slump was triggered by unexpectedly...
Today we will review the D1 period chart again - the AUDCAD currency pair. The ascending wave structure broke earlier after the last wave of decline updated the minimum of the previous one, thus the wave structure built its order downwards. The MACD...