AUD/USD continues to weaken despite the Reserve Bank of Australia's decision to raise interest rates to 4.85%.
Technical Analysis
About Crispus Nyaga
Crispus Nyaga is a Technical Analyst at DailyForex with more than eight years of experience as a financial analyst, coach, and trader. He specializes in technical analysis of major currency pairs and cryptocurrencies, using chart patterns, trend structure, and key indicators to frame trading scenarios for Forex and digital asset markets. Crispus has worked with well-known brokers including ATFX, easyMarkets, and OctaFX, and his market commentary has been published widely on platforms such as Seeking Alpha, InvestingCube, Capital.com, and Invezz.
Areas of Expertise
- Forex trading and major currency pairs such as EUR/USD, GBP/USD, and AUD/USD
- Technical analysis and price action trading
- Cryptocurrency markets including BTC/USD
- Chart patterns such as flags, channels, and triangles
- Trend analysis and moving averages, including EMA and Supertrend-based setups
- Scenario-based trading signals with defined entry, stop-loss, and take-profit levels
Professional Background
- Technical Analyst at DailyForex, publishing regular Forex and crypto signals and forecasts on pairs such as EUR/USD, GBP/USD, AUD/USD, and BTC/USD.
- Financial analyst, coach, and trader with over eight years in the industry, combining market analysis with trader education.
- Experience working with leading brokers including ATFX, easyMarkets, and OctaFX.
- Widely published contributor on platforms such as Seeking Alpha, InvestingCube, Capital.com, and Invezz, where he covers currencies, indices, and cryptocurrencies.
Financial Qualifications
- Extensive hands-on trading and analysis experience across Forex and crypto markets, with a focus on technical setups and risk management.
Education
- Developed his analytical and coaching skills through years of work in financial markets and trader education, building a practical, pattern-based approach to technical analysis.
Media & Industry Features
- Analysis and trading ideas published on well-known financial and trading platforms including Seeking Alpha, InvestingCube, Capital.com, and Invezz.
Podcast & Market Commentary
Crispus provides regular written market commentary at DailyForex, where he explains how chart structures, economic data, and risk sentiment shape opportunities in pairs like EUR/USD, GBP/USD, AUD/USD, and BTC/USD. His signals include clear trade parameters - entry zones, stop-losses, and take-profit levels - so traders can see how technical patterns translate into actionable scenarios.
Trading & Market Philosophy
Crispus’s trading approach is built around technical structures and disciplined risk control, using patterns such as flags, channels, and triangles along with moving averages and indicators like the Supertrend to define bias and invalidation levels. He focuses on mapping bullish and bearish scenarios with clear levels rather than predicting a single outcome, encouraging traders to respect trend, volatility, and key support and resistance zones.
Latest 12 Articles
GBP/USD has recovered toward 1.3428 resistance, but declining trend strength raises concerns about the sustainability of the rally.
Technical Analysis
Editor's Choice
EUR/USD remains within its recent trading range as growing expectations of an ECB interest rate hike support the euro.
Technical Analysis
Top Regulated Brokers
The Australian Dollar has weakened against the US Dollar despite the Reserve Bank of Australia's latest interest rate hike, with AUD/USD slipping below its 50-day moving average.
Technical Analysis
Bitcoin continues to struggle as selling pressure keeps BTC/USD below its 50-day EMA and Supertrend indicator.
Technical Analysis
.jpeg)
GBP/USD has climbed to its highest level since mid-September, but weakening trend momentum suggests the rally may be losing strength.
Technical Analysis
Advertisement
AUD/USD has recovered from its October low of 0.6895 but remains in consolidation near 0.7030 ahead of the Reserve Bank of Australia's interest rate decision
Technical Analysis
GBP/USD has recovered from its October low of 1.3137, supported by improving technical momentum and a bullish morning star candlestick pattern.
Technical Analysis
EUR/USD remains near the important 1.1111 support level after weeks of sideways trading, with a developing double-bottom pattern and improving MACD momentum suggesting a potential bullish reversal.
Technical Analysis
Bonuses & Promotions
AUD/USD has climbed to its highest level since September 23 following stronger Australian inflation data, increasing expectations of another RBA interest rate hike.
Technical Analysis
GBP/USD remains under pressure near 1.3300 following the Federal Reserve's decision to hold interest rates, with traders awaiting US PCE inflation and GDP figures alongside next week's Bank of England meeting.
Technical Analysis
EUR/USD is consolidating near 1.1150 following the Federal Reserve's decision to leave interest rates unchanged, with attention shifting to the ECB announcement and upcoming US economic data.
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address