Technical Indicators Analysis 100 EMA (Exponential Moving Average): The 100 EMA is currently acting as a dynamic resistance level, which reinforces the prevailing downtrend in the market. This suggests that the price is struggling to rise above this...
January 31, 2025 NZD/USD stages a modest recovery from over a one-week low amid subdued USD demand The NZD/USD currency pair is exhibiting bearish tendencies. The pair is trading near 0.5645, approaching the 20-day Simple Moving Average (SMA), a...
USD/JPY H4 Analysis I am closely monitoring the USD/JPY pair, which is currently trading at **154.83**, as buyers dominate momentum near the end of the month. I interpret this upward push as a potential exhaustion rally, possibly aimed at triggering...
Good evening how are you ! Hope you’re having a great start to your day. Let’s break down the GBP/USD chart and its potential trade setup based on your provided details. Current Price: 1.2409 Lower Price: 1.2383 Higher Price: 1.2609 Fundamental...
XAUUSD(Gold) XAUUSD(Gold) outlook: The gold market is driven by several key factors. The recent economic data out of the U.S. continues to provide mixed signals, but with inflation data still somewhat elevated, the Federal Reserve remains...