General Points about NZDUSD: This week has been quite challenging for NZDUSD buyers as they have consistently lost value, with the pair facing significant downward pressure. The market experienced a sharp decline, reaching the 0.5783 level...
The currency pair experienced a notable reversal on the final trading day of the week, erasing much of the positive momentum seen earlier on Friday. After briefly pushing into the mid-1.2600 range, the pair slipped back below the 1.2650 mark,...
The Euro corrected higher and the EUR/USD pair rose during today's European trading session after a 5-day decline the previous day. At the start of today's US trading session, the price hit an important short-term resistance level of 1.0519, rising...
EUR/JPY H4 Timeframe Analysis The analysis of the EUR/JPY chart on the H4 timeframe provides valuable insights into market dynamics influenced by price action, moving averages, and momentum indicators such as the RSI and MFI. Market Trends Bearish...
In my opinion, the USD/CHF currency pair is currently showing an upward trend. From a technical perspective, the price on the four-hour chart is trading above the Ichimoku cloud, with the Kijun-sen and Tenkan-sen signal lines positioned above the...
