GBPUSD currency pair - let’s consider the D1 period chart today. This week we have already developed growth, which, however, has been thrown down while testing the horizontal resistance level of 1.2370. The wave structure here is still building its...
GBP/USD Hello. I think the same thing is happening here as with the eurodollar. The price dropped into local purchases, a test and is trying to rise in the resumption. On the left side there is still a breakout of the local maximum, its test too. I...
Currency pair AUDUSD - consider the chart of the D1 period. The wave structure on this chart is still building its order downwards. The MACD indicator is in the lower sales zone. Among other things, the price is moving downwards within the...
USD/JPY As of today, January 23, 2025, USD/JPY is consolidating ahead of the Bank of Japan’s (BOJ) policy meeting tomorrow. The pair is hovering around 155.83, showing a short-term bullish trend, but traders are cautious as market sentiment hinges...
Another reason traders may not want to reduce their euro short positions is ahead of tomorrow's release of the eurozone flash PMis for January. Another dire set of confidence readings will only encourage the ECB to look through the tick-up in...
