I have observed that the AUDUSD pair is exhibiting a price structure strikingly similar to the NZDUSD, which I analyzed in depth over recent weeks. In both cases, I identify a clear Elliott Wave pattern forming, with the third wave poised to extend...
NZDCHF Analysis: Overall Bearish Sentiment The NZDCHF currency pair is currently exhibiting a bearish trend, suggesting that traders should consider short positions on lower timeframes. This analysis will delve into the rationale behind this outlook...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis and the market price is up. An uptrend line helps push prices higher. The price touching the station line is very high, and this trend line is very popular. The market price...
USDJPY Daily Time Chart Analysis USD/JPY is showing further weakness and is currently trading at a low of 152.17. Earlier this week, buying interest in the stock was near the 50-day moving average (EMA) of 154.70. However, it failed to maintain its...
I believe the GBP/USD pair is at a critical juncture, with conflicting signals from technical and fundamental factors. From my perspective, the recent rally to 1.2550 and above reflects a combination of improved UK economic data and technical...