The AUD/ USD brace is recouping losses and testing the0.6651 mark in Asian trading on Tuesday after the twinkles of the RBA's June policy meeting indicated that a rate hike remains a possibility. still, the brace's growth may probably be due to the...
Weekly Timeframe Analysis If we look at the weekly timeframe, we can see that there has been a flat formation from December 2022 to date. During this duration, the boundaries have not formed any global trend, and the market has offered us daily...
Greetings! Analyzing the USD/JPY currency pair, we observe that Friday’s trading session ended with the price failing to cross the middle line of the D1 envelope. This technical failure leaves the pair poised for another attempt to break its recent...
### Technical Analysis In addition to fundamental factors, technical analysis provides valuable insights into trading opportunities for the AUD/USD currency pair. Technical analysis focuses on historical price data and chart patterns to forecast...
Technical analysis of the GBPUSD pair 1-hour chart Since the beginning of trading today, the price has been trading in a sideways direction, as the price attempts to break the price channels downward. The price began trading today within ascending...