The ZigZag indicator is a popular technical analysis tool for filtering small price movements in forex trading to highlight significant trends and reversals. It helps traders identify key trends by removing market noise and providing a clear view of...
Gold was sending mixed signals as it continued its downtrend. This week started the slow turn, breaking the previous week’s low of 2,307. Also, the daily bear flag was confirmed yesterday, resulting in a weak finish in the lower trading range of the...
AUD-USD PAIR FORECAST Currently, there is a bearish potential that needs to be considered in the AUD/USD pair, especially when observing the M30 time frame. In the support resistance analysis, we identified two important levels, namely the minor...
The Euro showed some positive signs on Thursday but remained cautious. The key factor influencing the currency's movement was the upcoming release of US inflation data on Friday. European economic data released in the latter half of the week was...
AUD/USD ANALYSIS. After once more meeting resistance at the 0.6700 level, the Australian dollar (AUD) has lost value against the dollar of the United States (USD). In ongoing gatherings this year, in the event that RBA Lead representative Bullock...