I am analyzing the Australian dollar/US dollar pair on the 4-hour chart. I see that the pair was trading within a gray range, and I noticed a volume for purchase near the lower boundaries. I assumed at that time that the pair would return to the...
Technical Analysis of USD/JPY Current Price Movement The USD/JPY market is experiencing upward price movement while attempting to alter its structure. Previously, the price experienced a decline aided by a trendline, but recently this trendline was...
The AUD/USD pair on the H1 chart is currently in a consolidation phase, reflecting market indecision. The price has been fluctuating within a defined range, with neither buyers nor sellers managing to establish a dominant trend. This range-bound...
analysis in Forex: Fundamental Analysis: Fundamental analysis focuses on the economic, political, and social factors that influence the value of currencies. It examines all economic indicators and global events that can impact the foreign exchange...
Today, the USD/CAD pair continues its uptrend for the fourth day in a row, driven by sustained demand for the US dollar. The U.S. dollar index, which tracks the dollar against a basket of currencies, is nearing a two-year high, supported by hawkish...
