Greetings! When analyzing the EUR/USD currency pair on a monthly timeframe, it indeed appears to be in a consolidation phase. However, I tend to focus more on the weekly analysis. Recently, EUR/USD bounced back from the support level at 1.0200 and...
Analysis of NZD/USD Price Movements Over the Week Throughout the current trading week, the NZD/USD currency pair has exhibited notable price movements characterized by a bullish trend early in the week, followed by a series of significant resistance...
The USD/JPY H1 chart shows a downward trend over the past several weeks. The price has been moving lower, with a clear series of lower highs and lower lows. The Bollinger Bands, which measure volatility and trend strength, indicate that the market...
GBP/USD Analysis: March Outlook Recent Price Action The GBP/USD currency pair on the daily chart (D1) has experienced a notable surge in the early days of March, rapidly recovering all losses from the previous week. This upward movement broke...
The pair has been exhibiting strong upward momentum throughout this week, breaking through key resistance levels and consolidating above them. I observed that the resistance at 1.26595 was breached, and the price stabilized above this level,...
