The NZDUSD currency pair formed a bullish engulfing pattern on the H4 time frame yesterday, which is generally considered a strong bullish signal. However, it is crucial to note that no confirmation candle has appeared following this pattern,...
General Points about USDCAD: Right now, the market is trading around the 1.4326 level, showing signs of stability after today's U.S. Core CPI data release. A key economic indicator has provided some support to the U.S. dollar, helping it maintain a...
USD/JPY As of today, USD/JPY is hovering around 154.33 after pulling back from yesterday’s high of 154.80. The market is reacting to the latest U.S. inflation data and shifting expectations around monetary policy. Fundamental Analysis: Yesterday’s...
GBP/USD Price Activity We are currently assessing the dynamic pricing behavior of the GBP/USD currency pair. The GBP/USD pair is currently trading near 1.2472, showing bullish momentum on the H4 chart. The price has crossed above the 50-period...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Hello, I hope you guys are doing well. This morning I will try to re-analyze the movement of the EUR/USD market. EUR/USD is trading at 1.0405 at the time of writing. At this time, EUR/USD is...
