The AUD/USD pair on the H1 timeframe is currently displaying mixed signals, making it challenging to determine the short-term direction with certainty. The price is stabilizing around 0.6284 after a notable recovery from lower levels, which suggests...
THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that after sharp price jumps on Monday, on Tuesday the pair drew a divergence on the chart along fractal peaks in the overbought zone and then...
The cryptocurrency market continues to struggle, showing little urgency to recover. Currently trading around $3.3 trillion in market capitalization, it is consolidating at lower levels compared to previous weeks. Earlier, the market hovered near...
The USD/CHF pair rebounded from its recent losses, gaining over 0.36% and trading at 0.9048 at the time of writing. This recovery comes after the pair found solid support near the 50-day Simple Moving Average (SMA) at 0.8998, forming a “tweezers...
The forex market is poised for a volatile week as traders await key U.S. economic data releases, beginning with the ISM Manufacturing PMI report on Monday. However, the primary focus will be on Friday’s Nonfarm Payrolls (NFP) report, which is...
