EURCHF – 14 Feb 2024
EURCHF 14 Feb 2024 on the H1 timeframe, this pair was seen experiencing a trend reversal after touching the resistance line at the end of yesterday. Had experienced a significant increase until bringing this pair managed to touch the price position of 0.95060. Now this pair is in a bearish trend, if referring to the […]
The Global Economy Will Soft Land
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UKOUSD – 13 Feb 2024
UKOUSD 13 Feb 2024 on the daily timeframe. This commodity is seen to be in a bullish trend that has been initiated since last week. Departing from the price position of 78.239 after a trend reversal and is now at the price position of 82.194. If the bullish trend continues towards S1 then go-long can […]
Economists Say the Fed’s Current Monetary Policy is Too Tight
Economists Say the Fed’s Current Monetary Policy is Too Tight. Economists assess that the United States (US) central bank, the Federal Reserve (The Fed), has been too tight in maintaining its monetary policy, the tightest since mid-2010. The results of a National Association for Business Economics poll showed that 21% of respondents thought the US […]
USDCNH – 12 Feb 2024
USDCNH 12 Feb 2024 on the H4 timeframe, this pair looks to continue to strengthen since starting a bullish trend after successfully reversing the trend in the last week. Although it still experienced several trend changes, the pair managed to continue to strengthen until it now occupies the price position of 7.22379. When referring to […]
China’s Outbound Non-Financial Investment Increases
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USDNOK – 9 Feb 2024
USDNOK 9 Feb 2024 on the weekly timeframe, this pair looks to be experiencing a bullish trend and managed to break the kumo cloud on the ichimoku indicator. Successfully occupied the price position of 10.62150 since it managed to reverse the trend to bullish at the end of last year. If referring to the stochastic […]
IMF urges BOJ to end bond yield controls
IMF urges BOJ to end bond yield controls. The Central Bank of Japan (BOJ) should consider ending its current yield curve control and massive asset purchases, then gradually raising short-term interest rates, the IMF said on Friday, as markets raised bets on a short-term change in the central bank’s ultra-fast policy. As Japan’s economy continues […]
09/02/2024 Today’s Announcements & News
Today’s News Update – 9th Feb 2024 AsiaJapan’s Nikkei led gains in Asia-Pacific markets on Thursday, reaching fresh 34-year highs, following a report suggesting that the Bank of Japan (BOJ) would not aggressively tighten its monetary policy. The Nikkei 225 ended 2.06% higher at 36,863.28, and the Topix closed 0.5% higher at 2,562.63. BOJ deputy governor […]
AMZN – 8 Feb 2024
AMZN 8 Feb 2024 on the H1 timeframe, is seen to be well above the kumo cloud on the ichimoku indicator and occupies a price position of 170.47 after experiencing a significant bullish surge earlier this month. Despite experiencing a trend reversal, the stock is still sideways moving above the kumo cloud. If we refer […]
Amazon Will Lay Off Hundreds of Employees in Health Service Lines
Amazon Will Lay Off Hundreds of Employees in Health Service Lines. United States (US) e-commerce giant Amazon.com plans to lay off hundreds of employees across its health services subsidiaries. This layoff plan was revealed by Amazon Healthcare Services Executive Neil Lindsay in an e-mail to his employees on Tuesday (6/2/2024). Previously, Business Insider reported that […]
Unleash Your Trading Potential with Adam Harris: Exclusive Webinar Series Inside!
Unleash Your Trading Potential with Adam Harris! Adam Harris – London City Trader Dive into the world of trading excellence with Adam Harris in our exclusive webinar. Join this London City Trader expert as he shares invaluable insights and strategies to elevate your trading journey. Don’t miss the opportunity to learn from the best! […]
USDSEK – 7 Feb 2024
USDSEK 7 Feb 2024 on the H4 timeframe, the pair is bearish after touching the price position of 10.60802 yesterday. Although now the pair is only at a price position of 10.48587, but if you refer to the stochastic indicator, it appears that this pair is in a saturated zone and also looks like it […]
Palantir Shares and Tech Companies Influence The S&P 500 and Wall Street
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USDSGD – 5 Feb 2024
USDSGD on the Daily timeframe, the pair is trying to break the kumo cloud on the ichimoku indicator. After a long period of sideways moving, the pair is now initiating bullish and trying to rise and continue to strengthen. Being at the price position of 1.34427 the pair is still likely to continue the bullish […]
The Fed Will Wait to Cut Interest Rates
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XAUUSD – 2 Feb 2024
XAUUSD 2 Feb 2024 on the Daily timeframe, looks like gold is trying to get out of the kumo on the ichimoku indicator. After a long time of sideways moving between R1 and R2, this time gold looks to be experiencing a bullish that allows it to break through R2. This is also reinforced by […]
Saudi Arabia joins BRICS
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NZDUSD – 1 Feb 2024
NZDUSD 1 Feb 2024 on the Daily timeframe, the pair looks sideways moving and is starting to enter the kumo cloud on the ichimoku indicator. Although there is a bullish signal on the candle chart but if referring to the stochastic indicator, it seems that the chart shows that there will be a decline due […]
The Fed Holds Interest Rates
The Fed Holds Interest Rates. The United States central bank or Federal Reserve (The Fed) maintained its benchmark interest rate, but Second Jerome Powell dismissed hopes that cuts would begin in March 2024. At the Federal Open Market Committee (FOMC) meeting which ended Wednesday (31/1/2024) US time, the Fed decided to maintain the target range […]
USDCNH – 31 Jan 2024
USDCNH 31 Jan 2024 on the H1 timeframe, experiencing sideways moving since last week the pair still continues to maintain its position above the kumo cloud on the ichimoku indicator. Successfully occupying the price position of 7.18959 and is showing bullish signals, allowing this pair to continue to strengthen towards R2. This is also reinforced […]
IMF Projects Global Economy to Grow in 2024
IMF Projects Global Economy to Grow in 2024. International Monetary Fund (IMF) revised upwards its estimates for global economic growth in 2024 in its latest economic outlook. In the January 2024 World Economic Outlook report released Tuesday (30/1/2024), the IMF revised its global economic growth projection to 3.1% in 2024. This projection is up 0.2 […]
GBPAUD – 30 Jan 2024
GBPAUD 30 Jan 2024 on the H4 timeframe. Had experienced sideways moving for quite a long time above the kumo cloud on the ichimoku indicator until finally the pair began to bearish and fell into the kumo cloud. Even so, it appears on the candle chart that this pair is initiating bullish. in addition, it […]
Court Orders Liquidation of Evergrande
Court Orders Liquidation of Evergrande. The liquidation order by a Hong Kong court of China Evergrande Group marks a new chapter in the property crisis in China. The court led by Judge Linda Chan decided that the Chinese housing development company would then be managed by a liquidation team to resolve the debt pile. Evergrande […]
Navigating Historical Trends: Euro to Australian Dollar Exchange Rate Insights
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Revelations in Forexworld Exchange Rate History
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Absolute Hacks for BEST Deals on Currency Exchange Rates
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EURCHF – 29 Jan 2024
EURCHF 29 Jan 2024 on the Daily timeframe. The pair was seen experiencing a trend reversal when it touched the S1 line after previously continuing to experience bullish that took it from the price position of 0.92819 to successfully reach the price of 0.94597 two weeks ago. Although the pair has now become bearish and […]
The Fed’s Interest Rates Are Projected To Fall
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AUDUSD – 26 Jan 2024
AUDUSD 26 Jan 2024 on the Daily timeframe, it looks like this pair is trying to go up and get out of the kumo cloud back towards R2. Had experienced a trend reversal to bearish last month, and managed to reverse the trend again when it touched R1. However, this pair has not been able […]
Janet Yellen Brings Good News about the US Economy
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USDSGD – 25 Jan 2024
USDSGD 25 Jan 2024 on the H4 timeframe. The pair is trying to go up and break through the kumo cloud on the ichimoku indicator. Currently at a price position of 1.34015, after experiencing a trend reversal when touching R1. If referring to the stochastic indicator, it can be seen that the moving average line […]
Singapore Core Inflation Reaches 3.3% in December 2023
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GBPUSD – 24 Jan 2024
GBPUSD 24 Jan 2024 on Daily timeframe, this pair looks still in a good trend. Being above the kumo on the ichimoku indicator, it also appears on the candle chart that this pair is initiating a bullish trend. At the moment the pair has successfully occupied the price position of 1.26858 and is likely to […]
Japanese Central Bank Maintains Interest Rates
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EURUSD – 23 Jan 2024
EURUSD 23 Jan 2024 on the weekly timeframe. It can be seen that the pair is still experiencing sideways moving between R1 and R2 after breaking R2 last month but back down. Successfully occupying the price position of 1.08924, the pair is trying to bounce back stronger towards R2. If referring to the stochastic indicator […]
China’s Economy is Roaring Again
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The Shocking Truth Behind Bitcoin graph AUD Fluctuations
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Mastering Forex Time: Your Guide to Strategic Trading
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BTCUSD – 22 Jan 2024
BTCUSD 22 Jan 2024 on the weekly timeframe. This crypto seems unsuccessful to reverse the bearish trend that it has been experiencing since the beginning of this year. Bouncing down after touching the resistance line at the end of last year, the crypto now sits at 41138.37. When referring to the chart on the stochastic […]
New Pressure for Chinese Exporters
USOUSD – 19 Jan 2024
USOUSD 19 Jan 2024 on the weekly timeframe, looks like oil is still unable to regain strength and continues to resume sideways moving. However, this commodity is trying to initiate bullish to break the kumo cloud on the ichimoku indicator. If the bullish trend continues successfully and oil keeps rallying then go-long could be an […]
Reddit Plans to IPO in March 2024
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EURNZD – 18 Jan 2024
EURNZD 18 Jan 2024 on Daily timeframe, This pair is seen initiating bullish and continues to strengthen trying to break the kumo and continue to rise. After previously experiencing sideways moving, the pair has now successfully occupied the price position of 1.78043. When referring to the stochastic indicator, it can be seen that this pair […]
Chinese PM Calls on the World to Eliminate Trade Barriers
Chinese PM Calls on the World to Eliminate Trade Barriers. Chinese Premier Li Qiang said that the world needs to remove barriers to competition and trade to overcome global challenges. Li said this at the World Economic Forum (WEF) in Davos on Tuesday (16/1/2024). He claims that healthy competition is the key to increasing cooperation […]
EURCHF – 17 Jan 2024
EURCHF 17 Jan 2024 on the H1 timeframe, it looks like the pair managed to continue to stay above the kumo cloud on the ichimoku indicator. Although it had experienced a decline, but this pair was able to reverse the trend to return to strength. Successfully occupying the price position of 0.93705, this pair still […]
IMF Official Says Interest Rate Cut Expectations Are A Bit Premature
IMF Official Says Interest Rate Cut Expectations Are A Bit Premature. The International Monetary Fund (IMF) believes that market expectations of a rapid reduction in interest rates are considered premature because the fight against inflation is not yet over. This was stated by IMF First Deputy Managing Director Gita Gopinath at the World Economic Forum […]
Navigating the World of Aussie Forex and Finance
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Navigating the USD Exchange Rate Down Under: Decoding the Dynamics
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UKOUSD – 16 Jan 2023
UKOUSD 16 Jan 2023 on the Daily timeframe, this commodity continues to move sideways since experiencing a significant decline from last month. Still unable to rise and strengthen to be able to break S1 this commodity now occupies a price position of 78,332. If this commodity weakens as seen in the candlestick chart which looks […]
Uncertainty Looms Over Global Economy This Year
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XAGUSD – 15 Jan 2023
XAGUSD 15 Jan 2023 on the H1 timeframe, this commodity looks like it was trying to strengthen in the previous session even though there was a trend reversal on the candlestick chart. However, this commodity is still well above the kumo cloud on the ichimoku indicator which also indicates that it is still in a […]
The Fed Reports Losses From Interest Rate Hikes
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A Dive into AUD to GBP Exchange Rate History
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The Leverage in Forex: Demystifying a Powerful Trading Tool
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USDNOK – 12 Jan 2023
USDNOK 12 Jan 2023 on the weekly timeframe, it looks like the pair managed to start the year by being able to reverse the trend after previously being bearish. Bouncing up after touching R1, the pair is now trying to break the kumo on the ichimoku indicator. This is also seen on the stochastic indicator […]
US Inflation December 2023 Touches 3.4%
US Inflation December 2023 Touches 3.4%. United States (US) inflation rose above projections in December 2023, away from the target of the Federal Reserve (The Fed) central bank. Based on data from the US Department of Labor released Thursday (11/1/2024), the consumer price index (CPI) rose 3.4% year-on-year (yoy) in December 2023, higher than the […]
USDSEK – 11 Jan 2023
USDSEK 11 Jan 2023 on the H4 timeframe, it can be seen that the pair is still ranging between R1 and R2. Despite being above the kumo cloud on the ichimoku indicator, the pair continues to experience an up and down position even though it is still between R1 and R2. If referring to the […]
World Bank Predicts China’s Economic Growth
World Bank Predicts China’s Economic Growth. The World Bank estimates that China’s economy will grow by 4.5% in 2024, slowing down from 2023 which is estimated to grow by 5.2%. The World Bank stated that the estimated growth of 4.5% in 2024 is the slowest growth in three decades, outside the Covid-19 pandemic period. This […]
USDJPY – 10 Jan 2023
USDJPY 10 Jan 2023 on the H1 timeframe, the pair looks to have managed to rally to break the kumo on the ichimoku indicator. Successfully occupied the position of the number 144.824 but it appears that there will be a trend reversal due to oversold seen on the stochastic indicator. If the pair is unable […]
US Trade Balance Deficit Narrows
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USDSGD – 9 JAN 2023
USDSGD 9 JAN 2023 on the daily timeframe, this pair looks successful in reversing the trend at the beginning of this month. Successfully continuing the bullish trend that has been initiated this pair continues to strengthen towards S1. If referring to stochastic it appears that the chart is declining due to overbought, if this continues […]
Bitcoin Price Drops
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XAUUSD – 8 Jan 2023
XAUUSD 8 Jan 2023 on the daily timeframe. Gold appears to be still ranging between R1 and R2, continuing its sideways since failing to break R2 at the beginning of last month. Although it’s still above the kumo cloud on the ichimoku indicator, the commodity may still be in a bearish trend. If gold is […]
The Fed Officials Send Signal Not to Hurry to Cut Interest Rates
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NZDUSD – 5 Jan 2023
NZDUSD 5 Jan 2023 on the Daily timeframe, this pair has decreased after a trend reversal from bullish to bearish at the end of last month. Now it has successfully occupied the price position of 0.62311 and is initiating bullishness. If referring to the stochastic indicator which looks to be in the saturated zone due […]
China’s Recovery Effect is Uneven
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USDCNH – 4 Jan 2023
USDCNH 4 Jan 2023 on the weekly timeframe, it looks like this pair is still ranging between R1 and R2. Being able to stay above the kumo cloud on the ichimoku indicator, this pair is still trying to continue the bullish trend that has occurred several times. If referring to the stochastic indicator the chart […]
Fed Officials Signal Interest Rate Hold
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GBPAUD – 3 Jan 2023
GBPAUD 3 Jan 2023 on the H4 timeframe. It can be seen that the pair has been moving sideways and continues to be under the kumo cloud on the ichimoku indicator. Although the pair has tried several times to initiate bullish, it bounced back down when it touched S1. if referring to the MACD indicator, […]
Global Shipping Companies Still Avoid Red Sea Routes
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EURCHF – 2 Jan 2024
EURCHF 2 Jan 2024 on the daily time frame, this pair looks sluggish and experienced a decline at the end of last month. Experiencing bearish which brought this pair down to touch S2 before finally this pair was able to reverse the trend to bullish. When referring to the RSI indicator, the chart shows a […]
Singapore Successfully Escaped Economic Recession in 2023
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AUDUSD – 29 Dec 2023
AUDUSD 29 Dec 2023 on the weekly timeframe. This pair was seen successfully strengthening and rising through the kumo cloud on the ichimoku indicator after having touched S2 in the past 2 months. Successfully rising from the price position of 0.62363 until now able to occupy the price position of 0.68408. If this pair is […]
How Interest Rates Affect Forex Markets: A Timeless Explanation
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Revolutionizing FX Life: How AI Forex Trading Transforms Forex Worldwide
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Forex Trading Psychology: Controlling Emotions for Success
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USDJPY – 28 Dec 2023
USDJPY 28 Dec 2023 on the weekly timeframe. This pair has been seen to continue to decline since touching the 100.0 Fibo level. Experienced a trend reversal from bullish to bearish due to the overbought seen on the stochastic indicator in the previous session. Dropped from the price position of 151.512 and now occupies the […]
GBPUSD – 27 Dec 2023
GBPUSD 27 Dec 2023 on Daily timeframe. This pair looks like experiencing a good trend, being well above the kumo cloud on the ichimoku indicator also shows an ongoing bullish signal. This is also reinforced by the stochastic indicator which also shows the same strengthening towards the 80 level. If this bullish trend continues then […]
EURUSD – 26 Dec 2023
EURUSD 26 Dec 2023 on the H4 timeframe, looks like the pair managed to initiate bullish and rallied to try to break R2. Above the kumo cloud on the ichimoku indicator, indicating the bullish trend is still likely to continue. If the pair is able to penetrated R2 and continues to strengthen, then go-long could […]
USOUSD – 22 Dec 2023
USOUSD 22 Dec 2023 on the weekly timeframe. This commodity seems to have started to initiate the bullish after continuing to decline since the last 2 months. Trying to strengthen and enter the kumo cloud on the ichimoku indicator after being oversold in the previous session seen on the stochastic indicator. If this commodity is […]
EURCHF – 21 Dec 2023
EURCHF 21 Dec 2023 on the weekly timeframe. It can be seen that the pair experienced bearish until it touches R1 and enters the kumo cloud on the ichimoku indicator. However, when referring to the stochastic indicator, it appears that the pair is in an saturated zone which may result in a trend reversal. If […]
UKOUSD – 20 Dec 2023
UKOUSD 20 Dec 2023 on the daily timeframe. This commodity looks still unable to rise and return to a high price position. It is still ranging between S1 and S2 and now occupies a price position of 79.441 after experiencing a bullish trend in the previous session. If referring to the chart as well as […]
USDNOK – 19 Dec 2023
USDNOK 19 Dec 2023 on the Daily timeframe. The pair has been bearish since last week after being unable to climb through the kumo cloud on the ichimoku indicator. It fell from the price position of 10.95878 to the price position of 10.38290 after trying to initiate a bullish trend again. If referring to the […]
The Timeless Foundations of Forex Trading
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USDSEK – 18 Dec 2023
USDSEK 18 Dec 2023 on the weekly timeframe. The pair experienced a bearish trend that brought it down below the kumo cloud on the ichimoku indicator and occupied the price position of 10.25954. If referring to the stochastic indicator, it seems that there has been saturation due to oversold in the previous session, and the […]
Technical Analysis for Forex: Mastering Chart Patterns (Tutorial)
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USDJPY – 15 Dec 2023
USDJPY 15 Dec 2023 on the weekly timeframe. This pair experienced bearishness after a long period of bullishness in the previous sessions. Bounced down after touching the resistance line at the highest price position at 151.520. After that, the pair continued to weaken until it now occupies a price position of 141.863. Referring to the […]
The Ultimate Beginner’s Guide to Forex Trading
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USDSGD – 14 Dec 2023
USDSGD 14 Dec 2023 on the Daily timeframe. The pair is still unable to rally and break S1 since it experienced bearish that brought it down below the kumo cloud on the ichimoku indicator. It had been bullish but bounced back down when it touched S1 towards S2. Although in bearish condition, the chart on […]
Unleash Your Trading Potential with Adam Harris: Exclusive Webinar Series Inside!
Elevating Your Financial Transactions with Aussie Forex and Finance JOIN WEBINAR Adam Harris – London City Traders Ready to elevate your trading skills? where we’ll provide the best explanations of strategies suitable for all trading levels! Don’t miss out on this opportunity to enhance your trading knowledge and also with the possibility to copy his […]
Exploring the History of Forexworld Exchange Rates
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XAUUSD – 13 Dec 2023
XAUUSD 13 Dec 2023 on Daily timeframe. Gold experienced a bearish trend after touching R2 and bouncing down towards R1. Dropped from the price position of 2071.73 at the end of the month to the current price position of 1979.87. Even so this gold is still above the kumo cloud on the ichimoku indicator and […]
Elevating Your Financial Transactions with Aussie Forex and Finance
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NZDUSD – 12 Dec 2023
NZDUSD 12 Dec 2023 on the daily timeframe, it can be seen that the pair is still ranging between S1 and R1 also occupying a price position of 0.61465. Being well above the kumo cloud on the ichimoku indicator, the pair has not been able to continue the bullish trend that it has tried to […]
USDCNH – 11 Dec 2023
USDCNH on the Daily timeframe. After experiencing a significant decline last month and bringing the pair down deep through R1 to the price position of 7.14154. However, the pair is now trying to initiate a comeback after previously moving sideways. Experiencing a bullish trend at the end of last week, this pair tried to rise […]
GBPAUD – 8 Dec 2023
GBPAUD 8 Dec 2023 on the Weekly timeframe, it can be seen that the pair is still holding above the kumo cloud on the ichimoku indicator despite being in a sideways moving. Being at the price position of 1.90319 the pair is still unable to continue a significant bullish trend. If referring to the MACD […]
EURCHF – 7 dec 2023
EURCHF 7 dec 2023 on the Daily timeframe, looks like the pair is still bearish since the end of last month. Down through S1 to S2 and below the kumo cloud on the ichimoku indicator, the pair is still unable to reverse the trend. However, it looks like the pair is trying to initiate the […]
AUDUSD – 6 Dec 2023
AUDUSD 6 Dec 2023 on the Daily timeframe. The pair was seen successfully rising through S1 in the middle of last month before dropping back down after briefly occupying the price of 0.66747. Despite falling back towards S1, the pair was able to reverse the trend to initiate bullishness. If referring to the stochastic indicator, […]
