The USD/CAD H1 chart displays a strong uptrend, characterized by consistent price movement above the middle Bollinger Band and frequent tests of the upper band. This indicates strong bullish momentum, with buyers dominating the market and pushing...
NZD/USD Greetings and Good Morning guys! New Zealand’s GDP rate was not too good to help the buyers of NZD/USD, which has led to a bearish sentiment in the market. The weak economic performance suggests that the New Zealand dollar may struggle to...
European Harmonized Index of Consumer Prices (HICP) inflation aligned with expectations, with annualized HICP rising slightly to 2.4% year-over-year from the previous 2.2%. However, much of the upward pressure in European inflation appears to be...
The USD/JPY H1 chart shows a clear downtrend, with prices forming lower highs and lower lows over the past several weeks. The Bollinger Bands indicate varying volatility, with periods of expansion and contraction. In early February, the bands...
AUD USD today technical analysis H1 As of February 27, 2025, the Australian Dollar (AUD) continues to face downward pressure against the US Dollar (USD), with the AUD/USD pair testing the critical 0.6300 support level. This marks the fourth...
