ANALYSIS OF GBP/AUD PAIR. The GBP/AUD H4 chart exhibits a strong bullish momentum as the price has surged towards a significant resistance level at 2.0518, marking a critical zone where sellers might step in. The previous trend was...
The chart represents the AUD/USD currency pair in the H1 timeframe. It includes Bollinger Bands and a Stochastic Oscillator (5,3,3), which provide insights into market trends, volatility, and momentum. The price action shows a period of...
USD/JPY Outlook Greetings and Good Morning to all traders! We saw a bearish scenario on USD/JPY on Friday as the pair successfully crossed below the 148.03 zone. The primary reason for this decline was the relative strength of the JPY, driven by a...
The US dollar has recently been losing ground against the Japanese Yen, but the situation remains dynamic since Yen has now begun to return some of its previous profits. While registering this, the market is in a state of flow, and the general...
On the daily chart, I observe a clear priority for upward movement in the AUD/USD pair. I note that the pair has been trading within an ascending channel for a significant period, and I can see that it is forming logical and well-defined zigzag...