WTI crude oil prices have continued their decline for a second consecutive day, reaching approximately $71.50 per barrel during Tuesday's European trading session. This downward trend can be attributed to several factors, primarily stemming from...
NZD/USD Price Action Strategies After analyzing the daily timeframe for NZD/USD, the chart reveals certain complexities that hinder trading clarity. The pair showed a convincing and sharp decline from the level of 0.6375, but around mid-December,...
USD/JPY Analysis: Weekly Overview Recent Market Movement Last week, the USD/JPY currency pair broke a significant support level at 153.79, leading to a bearish trend as the price continued to decline. The most recent low recorded was 150.96, which...
USDJPY Daily Analysis The USDJPY daily chart shows clear trends. It influences well-known indicators and SMA. This helps determine the market trend. The price is above the 50-period SMA moving average. This represents growth. These observations are...
Trend Moving Towards The Bullish Side If we monitor the market situation for the AUDUSD pair since the beginning of February, it can be seen that the trend is moving towards the bullish side. The upward journey broke the control of the seller who...
