Technical Analysis of USD/JPY The Japanese yen continued to strengthen last trading week, reaching the local range again. Having reached the 143.53 barrier, the price recovered and continued to decline, reaching 140.80 at some point, from where it...
TRADING CHART ON NZD/CHF H1. The NZDCHF pair in the H1 timeframe still exhibits a bullish trend. There was a fluctuating movement within a relatively narrow range yesterday. During the Asian session, the price consolidated around the 0.5340 area...
The Money Flow Index (MFI) is a momentum indicator that measures the flow of money into and out of a security over a specified period of time. It is related to the Relative Strength Index (RSI) but incorporates volume, whereas the RSI only considers...
Our current discussion revolves around the ongoing price behavior of the AUD/USD currency pair. The market is largely focused on selling the US dollar, and naturally, the AUD/USD pair has followed suit. The pair's growth has been steady and...
NZD/USD PAIR MOVEMENT Today it turns out that there are many high impact news released which seems like it will make the market more crowded. The NZD/USD currency pair experienced a slight decline after the candle failed to penetrate the resistance...