Forecast of NZDUSD The NZDUSD nearly tested the 50 EMA line last week due to the substantial buying momentum on the daily time frame chart, which caused the entire price to rise. The price fell on Monday of this week and continues to do so today...
The EUR/USD H4 chart exhibits a clear long-term downtrend, as indicated by the persistent price movement below the red moving average, which acts as a dynamic resistance. The market has been making lower highs and lower lows since early September,...
USD/CHF Price Forecast Durable Goods Orders in the US declined by 2.2%, or $6.3 billion, in December to $276.1 billion, the US Census Bureau reported on Tuesday. This reading followed a 2% decrease reported in November and came in worse than the...
CL(Crude oil) CL(Crude oil) outlook: The oil market is reflecting a cautious sentiment, with a mix of optimism and concerns shaping price action. Concerns about global economic growth, particularly China's economic slowdown, are weighing on traders...
Forecast of Silver When I looked at the Silver's lower time frame charts, I found that the price had dropped sharply over the previous few candles. However, the price is currently rising and is now on the M30, and at the H1 time frame chart, Silver...
