The EUR/JPY H1 chart displays a clear bearish trend over the past month, with a series of lower highs and lower lows. The price has been moving within the Bollinger Bands, respecting the upper and lower bands, suggesting strong volatility with...
AUD USD As of February 10, 2025, the Australian Dollar (AUD) is trading at approximately 0.6272 US Dollars (USD). This exchange rate reflects a slight appreciation from earlier in the week, where the AUD was valued at 0.6259 USD on February 9. The...
Sell Scenario for NZD/USD In addition to the potential buying opportunity discussed, it is also essential to consider the sell scenario for NZD/USD, particularly given the current market conditions characterized by low volatility and reduced trading...
EUR/USD Market Analysis EUR/USD continues to trade in a bearish trend, facing resistance at key levels. The pair is currently priced around 1.0317, showing weakness after failing to sustain bullish momentum. On the daily (D1) timeframe, the price is...
EUR/JPY H1 Chart Analysis – Strong Bearish Trend Definition of a Bearish Trend The H1 chart of EUR/JPY indicates a robust bearish trend, characterized by price consistently forming lower highs and lower lows. This trend is confirmed by both price...