On the daily chart of this currency pair AUDUSD, you can see how, since beginning the current February, the price has made a dip downwards, with a price gap, and updated the minimum of the previous January. A bullish divergence has formed on the...
XAUUSD (GOLD) ANALYSES Now, I will discuss the XAUUSD pair. Below, I am analyzing the XAUUSD pair in the H1 timeframe. We all know that the price of gold went up to 2956 on February 16. Later, it started moving in a downtrend again, which is...
EUR-GBP PAIR ANALYSIS Since the price hit its lowest at 0.8264 yesterday, the weakening of this pair has not continued. The price consolidated which continued until this Thursday. Yesterday on Wednesday the price that was pushed up moved up and...
As the price declines, it frequently interacts with the middle Bollinger Band before eventually breaking below it, signaling a potential bearish reversal. The lower Bollinger Band starts expanding downward, confirming increased selling pressure....
The upside potential for the pair appears limited due to the risk of additional tariffs proposed by US President Donald Trump. Trump has stated that he intends to impose an extra 10% tariff on Chinese goods after taking office, adding to existing...
