After a strong upward movement, the price is now attempting a downward correction. Previously, the price successfully broke above the channels but then returned to trading within them. This week, the price began trading within a price triangle...
The AUD/USD currency pair, currently hovering around 0.6671, has been showing a bearish trend. This movement suggests a downtrend, with the Australian dollar weakening against the US dollar. Despite this recent downward pressure, various factors...
The wave pattern on the 4-hour chart for the EUR/USD pair remains unchanged. Currently, we observe the formation of the presumed wave 3 within wave 3 or c of the bearish part of the trend. If this is indeed the case, the decline in quotes will...
GBP/USD prices closed the week just below the yellow moving average on the 4-hour chart. This technical indicator suggests a degree of uncertainty in the short term, but my outlook remains bearish in the long term. Several fundamental factors...
Japanese yearningvs. Japanese yearningU.S. Dollar gains crucial Factors and Market Dynamics originally theU.S. bone retreated slightly against the Japanese yearning but has since broken above the psychologically important 160 yearning. This...