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The price is currently exhibiting behavior that aligns with a broken channel retest pattern. This technical formation often indicates the potential for a continuation of the existing downward trend. Traders and analysts closely watch for such...
AUD/ USD Exchange Rate We analyze the live dynamics of the pricing movements of the AUD/ USD currency pair. Yesterday's daily candle on the price action system showed a retest of the 0.6584 support zone, forming a buy pin bar pattern known as an...
USD-CAD PAIR REVIEW The USDCAD pair price is currently moving between EMA 50 and SMA 200. In addition, the price movement range is between the pivot point (PP) 1.3733 and support (S1) 1.3677. The price failed to continue its upward rally after...
EUR-JPY PAIR ANALYSIS Observing the price movement of the EURJPY pair, it seems that it is testing resistance (R1) 169.82 so that it can continue the upward rally towards high prices of 170.84. However, there is the potential for the price to...