EURJPY currency pair - let’s look at the D1 period chart today. The price was moving sideways throughout January. Of course, there were movements, but by the standards of the daily period they were not large. The wave structure is neutral. The MACD...
The NZD/JPY pair is currently positioned in a technical landscape where price movement is dictated by critical levels of support and resistance. At present, the market shows potential for a rise of 66 to 93 pips, assuming that the price remains...
NZD/USD Price Forecast NZD/USD refreshes weekly high near 0.5700 as receding global trade war risks have improved the safe-haven demand. The USD strives to gain ground on the back of upbeat US ADP Employment data for January. The NZ economy will...
Core Points about USDCAD It is quite surprising that the USD/CAD market has dropped significantly from the 1.4500 level. The sharp decline indicates that selling pressure has increased, pushing the pair lower. Due to some fundamental effects, the...
Although the current trading period has concluded, I am eager to see what the indicators suggest for the next session. The oscillators remain neutral, providing no clear directional bias, yet the moving averages strongly indicate that exiting the...
