The trend direction for the NZDCHF pair has changed from bearish to bullish. This is due to the ongoing price increase so that the EMA 50 successfully crossed the SMA 200, giving a golden cross signal. Thus, the tendency of the price movement...
The Japanese Yen (JPY) displayed a degree of resilience against the US Dollar (USD) on Thursday, recovering slightly from a one-week low. This minor bounce coincided with growing market expectations that the Bank of Japan (BoJ) will finally raise...
USDCAD currency pair - let’s consider the D1 period chart. Last week the price tried to go down, and then in the middle of the week the buyers took over the initiative and drove the price to the very top and updated it. Well, they continued to see...
I noticed that GOLD failed to push above the weekly upper Bollinger Band, which is at 2754. I see that today the price is already moving downward, although not by much yet. I observe that the RSI and stochastic indicators are pointing down but...
USD/ CAD Price Movement The USD/ CAD currency pair's price behavior analysis is a topic for discussion. In the quote, we see that the four-hour movement towards the north continues, and, by now, the bulls have recouped half of the entire previous...