Day: April 17, 2024

Apr 17
Technical Analysis & Forecast 16.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave at 1.0664. After the correction, the market continues developing a decline wave to 1.0585. A wave structure towards 1.0606 has been formed by now. A technical test of 1.0622 is expected today, followed by a decline to 1.0585. This is a local […]

Apr 17
Murrey Math Lines 16.04.2024 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on D1, revealing the prevalence of a downtrend. The RSI has broken the support line. In this situation, a breakout of the 1/8 (0.6408) level is expected, followed by a price decline to the support at 0/8 (0.6437). The scenario might […]