The GBP/USD H4 chart shows a clear bearish trend over the past few months, with a significant decline from the 1.3500 region to a low near 1.2100. The price is currently trading around 1.2426, where it is testing a key level that previously acted as...
The NZD/USD currency pair snapped a four-day winning streak, trading around 0.5660 during Thursday's European session. The pair's trajectory remains uncertain, as indicated by technical analysis on the daily chart. A rectangle pattern has emerged,...
The EUR/NZD pair is currently navigating through a crucial price range, where 1.8237 acts as a fundamental support level, shaping the pair’s short- to medium-term trajectory. A sustained hold above this area could pave the way for an upward move...
The EUR/USD daily chart shows a strong bearish trend, with price action forming lower highs and lower lows. The red moving average (likely a 50-day or 100-day MA) has acted as dynamic resistance, with price rejecting it multiple times before...
USD/JPY As of today, USD/JPY is showing some significant movement, with the pair dropping to an eight-week low of around 151.81. From my perspective, this decline is critical because it’s breaking below the 50-day moving average, signalling a...
