USDJPY currency pair - the week is ending. Let’s consider the chart of the D1 period. The wave structure still has an ascending character of construction, because there was no update of the bottom of the previous wave. But the MACD indicator is...
Market Fundamentals: The Eurozone's Q3 Negotiated Wage Rates data showed a significant increase, rising to 5.42% from the previous quarter's downwardly revised 3.54%. As a key indicator of wage growth and consumer spending potential, this data...
Core Points about GBPAUD: Recently, UK news events have not been particularly strong, whereas Australian news events have significantly strengthened the AUD. The UK economy has shown signs of weakness, with economic indicators failing to provide...
Forex Flat Wave and How to Utilize It Properly Forex trading involves various market patterns and strategies, one of which is the Flat Wave in Elliott Wave Theory. This pattern helps traders identify potential price movements and make informed...
USD/CHF As of today, February 21, 2025, the USD/CHF pair is trading around 0.8980, showing signs of consolidation after recent volatility. Technical Analysis: The pair has been following a descending channel, and I’m seeing the potential for a...
