Today, we'll examine the recent price trends of the EUR/USD currency pair. Analyzing the daily time frame chart, we can see a descending wave pattern, and the MACD indicator suggests a bearish market. By applying the Fibonacci grid to the initial...
The EUR/JPY currency pair has been exhibiting notable signs that a continued downward trend might be imminent. In recent trading sessions, the pair has consistently closed below the crucial 171.05 level. This sustained weakness is further...
TRADING UPDATES USD/JPY The USDJPY currency pair shows a strong bullish trend based on the latest technical analysis. One technical indicator that supports this view is the position of the EMA 50 which is above the EMA 100. This condition is...
The NZD/USD (New Zealand Dollar/US Dollar) currency pair is currently trading at 0.6106, and the prevailing trend appears bearish. This situation signifies that the New Zealand dollar is weakening against the US dollar. A bearish trend typically...
EUR/USD faced a bit of pressure on Tuesday, as we predicted the day before. To be precise, after two bounces from the 1.0678 level, a bullish correction was inevitable. This week's economic calendar does not contain any significant events. This...