NZD/USD/H1 Jump and Drop The NZD/USD exchange rate saw a rise on Wednesday, followed by a rapid decline. This kind of fluctuation indicates instability in the market. Today Stabilization On Thursday, the market calmed down due to the release of US...
Date: 26th June 2024. Market News – European Stocks Follow US Gains, Inflation Pressures Rise in Australia. Financial Markets Performance: * The USDIndex firmed but off its 105.78 peak. * USDJPY held just below the critical 160 per Dollar level,...
The bullish and bearish breakaway candlestick patterns are key reversal indicators in technical analysis, suggesting potential trend changes in the market. Bullish Breakaway Pattern This five-candle formation indicates a possible reversal from a...
The EUR/USD exchange rate, currently at 1.0691, is experiencing a bearish trend. This suggests that the euro is weakening against the dollar, which can be attributed to several macroeconomic factors, including differences in economic performance,...
Good morning. It seems that buyers actively began to move the price up, but yesterday they were unable to continue increasing their positions. Now they need to break through and consolidate beyond the level of 1.27018, and if they manage to do this,...