The price action of an asset on the H1 timeframe, which means each candlestick corresponds to one hour of trading. Key indicators on the chart include Bollinger Bands, Standard Deviation, and Average True Range (ATR), which assist in understanding...
EUR/USD Sentiment Update The EUR/USD market experienced significant volatility following the release of key US economic data such as Average Hourly Earnings (Average Monthly Wages), Nonfarm Payrolls Change, and the Unemployment Rate. These reports...
NZD/JPY Analysis Update Friday, January 10, 2025 The ongoing downward rally in the NZDJPY pair is likely to produce a death cross signal. Just to make sure, we need to wait for the EMA 50 that crosses the SMA 200 downwards to widen. If the two...
The NZD/USD pair has fallen to 0.5590 since Friday, marking a two-year low, driven by a strong US dollar and concerns about China's economic performance. The New Zealand dollar's decline comes ahead of the release of the US jobs report for December,...
EUR/USD stays under bearish pressure and trades below 1.0300 in the American session on Friday. The US Dollar benefits from the upbeat jobs report, which showed an increase of 256,000 in Nonfarm Payrolls, and forces the pair to stay on the back foot...
