NZD/USD Analysis: Bearish Pressure Amidst Strong US Dollar Overview The NZD/USD currency pair faced selling pressure during the European session on Friday, with prices dropping below 0.5585. This downward movement can be attributed to several...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis. Market prices are rising, which is very helpful in increasing the market price. The market price broke out of this momentum level and then the market price failed to align...
The currency pair moved in a narrow range on Friday. However, buyers had an advantage in the market. The price has been under buyer dominance since the Asian trading session opened on Friday at 1.8382. The price rose, and the breakout of the nearby...
The EUR/JPY currency pair staged a rebound during the Asian trading session on Friday, recovering from the previous day's losses and trading near the 163.00 mark. This recovery has been primarily driven by the weakness of the Japanese Yen (JPY),...
I believe the chart represents a dynamic market with significant price fluctuations within a defined range. The price oscillates between approximately 94,000 and 101,000, showing clear levels of support and resistance. The green line around 94,000...
