Formal Studies in AUD/ USD In our discussion, we're intently analyzing the current appraisal of the AUD/ USD currency pair's pricing behavior. Let's look at the data released yesterday by the University of Michigan. The five-year U.S. consumer...
What Is a Symmetrical Triangle Pattern? As a technical analysis technique for trading, symmetrical triangle patterns may be used to spot future price breakouts and trend changes. This pattern is assembled by two converging trend lines, with one...
GBP/USD Price Forcast: Hits five-day peak above 1.3200 GBP/USD near 1.3239, with potential to test the YTD high at 1.3266 and March 2022 peaks. Bulls bought the dip at 1.3001, fueling the rally to current levels. Failure at 1.3200 could see a...
Forecast for USD/CHF on September 17, 2024 I use the basic analysis of the H4 timeframe chart, the USDCHF currency pair trend is still trying to move in a bearish phase. And we can monitor this condition through the existence of prices that are...
On Monday, the currency pair broke its three-day winning streak, trading around 1.1122 during the US session. This shift can be attributed to the subdued performance of the US Dollar (USD), which has been influenced by the dovish stance of the US...