The EUR/USD pair is displaying a consolidation phase on the hourly chart, indicating indecision among market participants. Over the past few sessions, the pair has been trading within a narrow range, with the 1.0800 level acting as a central pivot...
NZD/ USD Price Overlook The correction of the dollar index approaching the level of 107.00 has weakened the outlook for the US Dollar currency in almost every currency pair. Without exception for the NZDUSD pair which has been moving up this week....
Currency pair AUDUSD - let’s consider the chart of the D1 period today. The current growth wave updated the previous wave’s maximum, breaking the descending wave structure on this chart. The MACD indicator is still in the lower sales zone, but is...
Gold Technical Analysis If you monitor the price development based on the H4 period on the right, it appears to be a strong buy candle, that is, the closing price above the Middle Bollinger Bands line, indicating that the buyer strength can reach...
China's Caixin Services PMI unexpectedly dropped to 51.5 from 52.0, intensifying concerns about the fragile recovery in the world's second-largest economy. This has added pressure on the Australian Dollar (AUD), often seen as a proxy for Chinese...
