The AB=CD pattern is considered one of the classic patterns in technical analysis and is widely used by traders in financial markets to identify potential reversal zones. It falls under the category of harmonic patterns and is known for its...
The weakness in GBPAUD is primarily due to broad-based GBP weakness in recent days. UK economic data, including slowing GDP growth and softening wage figures, has reduced expectations of further BoE tightening. Meanwhile, the Australian dollar has...
Technical analysis 11 April 2025 USD/CHF D-1 In general, of course, they are making every effort to fully push through the support zone for the USDCHF pair. So many attempts have been repelled, but the rate continues to be pushed lower. Let's see,...
Bitcoin struggles to find support as tariff turmoil roils global markets The flagship cryptocurrency remains in a fragmented state, unable to establish a firm footing. Bitcoin is experiencing significant volatility and posted losses this week....
Analysis of GBPAUD from a Technical Perspective Today, I will present a technical analysis of GBP/AUD. The current trend in the market shows it is declining. The price is situated between our resistance point at 2. 1002 and our support point at 2....
