Today we will review the D1 period chart again - the AUDCAD currency pair. The ascending wave structure broke earlier after the last wave of decline updated the minimum of the previous one, thus the wave structure built its order downwards. The MACD...
I believe the market will continue its movement into the next year. As I mentioned earlier, it’s unlikely that large players will make significant moves before the end of this year. Most of them are probably on vacation or are winding down for the...
Date: 19th December 2024. Federal Reserve Sparks NASDAQ’s Sharpest Selloff of 2024! Key Takeaways: *A hawkish Federal Reserve cut interest rates by 0.25% and indicates only 2 rate cuts in 2025! *The stock market witnesses its worst day of 2024 due...
The US dollar rose sharply against the Japanese yen following the conclusion of monetary policy decisions by the Federal Reserve and the Bank of Japan. As the pair is now trading firmly above the 156.50 level, it has broken a significant resistance...
The provided chart shows the AUD/USD currency pair on the H1 timeframe. The analysis considers both price action and technical indicators, such as the Relative Strength Index (RSI) and a moving average. Let’s break down the key observations and...
