D1 Chart Analysis of AUD/USD The AUD/USD currency pair is currently experiencing a strong downtrend. Despite some recent hesitation, the overall bearish momentum remains intact. The upward wave structure was decisively broken when the current...
The yellow metal prices experienced significant volatility during last Friday's trading session following the release of pivotal USD data. The US Dollar, having weakened after substantial gains, coupled with lower US Treasury bond yields, set the...
EUR/USD Technical Analysis Now that the price is trading above the weekly pivot of 1.0820 and the lower channel lines, it is trading in a support area. For the pair, we have an ascending pattern where the price begins trading within price channels...
Analysis of AUD/USD: Current Bullish Trend and Trading Strategy Current Market Conditions: At present, the AUD/USD currency pair is exhibiting an upward trend. The price is trading above the moving average, indicating strong bullish momentum....
Analysis of AUD/USD on the Hourly Chart Recent Price Movements: On the hourly chart, the AUD/USD currency pair was trading within a descending channel. On Friday, the pair experienced an upward movement, reaching the upper boundary of this channel....