The price attempted to rise but was hindered by the obstacle of the EMA 200 H1, which was parallel to the EMA 633 H1 during the Asian session. However, the oversold market condition provided buyers with another opportunity. The price moved up from...
Crude oil prices surged to $69.00 per barrel as geopolitical tensions escalated over the weekend. Russia's aggressive airstrikes targeting Ukraine's power grid, coupled with the US's authorization of long-range missile strikes on Russian territory,...
PAIR REVIEW USDJPY Colleague, it’s scary to buy here. The Ministry of Finance entered the market and threw the dollar into the market, because the pair fell from 156.85 to 153.84 out of nowhere. Why? The dollar did not fall that much at that moment,...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D I would explain recent price movements in the NZD/USD market. From a technical standpoint, NZD/USD is trading at 0.5875 at the time of writing. In the long term, NZD/USD is bearish now, while at the...
Strategic Insights: AUD/ USD Prices Yesterday, USDJPY was traded fluctuating on Monday after Bank of Japan (BoJ) Governor Kazuo Ueda failed to provide any indication of an interest rate hike next month. The uncertain political conditions in Japan...