Currency pair EURUSD - let’s look at the daily period of the chart again. So far, the wave structure on this senior period is building its order downwards. The MACD indicator is in the lower sales zone, but is about to move upwards. This suggests...
WTI Oil Holds Its Ground, Fearing a Collapse The hydrocarbon markets are under pressure, trying to cope with the current volatility. West Texas Intermediate (WTI) crude oil prices, which have already declined, are facing additional pressure....
AUD/USD Price Reaction The AUD/USD hourly chart shows a significant uptrend over the past few sessions, with the price currently trading at 0.6291. After hitting a recent high near 0.6340, the pair has entered a corrective phase, indicating a...
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GBP/JPY Price Action Outline The GBP/JPY H-1 timeframe chart above shows price movements with various technical analysis elements that can be used to make trading decisions. In general, it is seen that the price is moving around the weekly pivot...