Technical analysis of NZDUSD Today we will perform a technical analysis on NZD/USD. To understand any market, technical analysis is required, for which we employ indicators of different levels and types. If we look at the market now, the market is...
The USD/JPY currency pair has shown signs of renewed buying interest, rebounding near its 50-day Exponential Moving Average (EMA) around 154.70. This upward movement comes ahead of a crucial event: the Bank of Japan's (BoJ) anticipated...
Another reason traders may not want to reduce their euro short positions is ahead of tomorrow's release of the eurozone flash PMis for January. Another dire set of confidence readings will only encourage the ECB to look through the tick-up in...
Hello. So far, buyers have not been able to develop anything clear in terms of developing more active growth on the Pound, although the run-up was not bad. In the current situation, in order to continue the upward movement, they need to break...
Analysis of yesterday's forex trades Analysis of trades and trading tips for the British pound In the afternoon, the test at 1.2341 coincided with the MACD indicator, which started its downward movement from the zero line. This confirmed a strong...
