Let’s consider the chart of the D1 period - the EURJPY currency pair. As is clearly seen here, the price is pressed down along the general downward trend. Here, the wave structure is still descending. After the last wave of decline updated the...
The EUR/JPY H1 chart indicates a well-defined downtrend followed by a consolidation phase, which could signal either a continuation of the trend or a reversal. Initially, the price action exhibited strong bearish momentum, forming a series of lower...
AUD/USD As of today, AUD/USD is showing some volatility, with both technical indicators and fundamental factors influencing its movement. Technical Analysis: Right now, AUD/USD is hovering around the 0.6350 level, a key support zone that’s been...
I believe that the current market conditions for Bitcoin are quite critical, and I think it’s important to analyze the situation carefully. I see that Bitcoin is currently hovering near the lower boundary of a sideways structure, which I consider a...
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