General Points about AUD/USD: Right now, AUD/USD has reached 0.6200, which proves that sellers are getting stronger. The downward movement in AUD/USDD reflects the dominance of bearish sentiment, driven by various factors, particularly the...
The technical analysis of the pair on the 1-hour chart shows the price movement in a good selling area. During the previous two trading days, the price moved in a downward wave and then headed upward in an upward wave equal to the downward wave,...
Market Fundamentals: The French preliminary Harmonized Index of Consumer Prices (HICP) was released earlier, showing a monthly increase of 0.2%, reversing the previous disinflationary trend but falling short of the 0.4% forecast. Annually, inflation...
THE CURRENCY PAIR AUD-CAD At the end of the week, let's look at the chart of the senior period D1—the AUDCAD currency pair. Here, in this senior period, the wave structure builds its order downwards, but the MACD indicator is growing in the upper...
Let’s consider the chart of the D1 period - the EURJPY currency pair. This week has given none movements yet, they have been sawing in place. But in general the price is being pressed down along the general downward trend. Here, the wave structure...
