NZDUSD Daily Outlook The daily chart of the NZDUSD pair shows an interesting price structure with a clear transition from a continuous decline phase to a reversal phase. Initially, the price moved within a clearly defined downtrend channel (marked...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. USD/JPY market price is currently falling. The dawn trendline is helping push the price lower. So this time the market price is falling with the help of the trend line....
The NZDCAD currency pair appears to have potential for an upward movement, targeting the resistance area at 0.82500. This outlook seems promising, especially considering that, on the H4 timeframe, the stochastic indicator has entered the oversold...
AUD/USD Daily Chart Analysis Current Price Action Overview According to today's analysis, the AUD/USD currency pair is approaching a strong support zone located around the 0.6120 level. This level has previously caused significant price bounces in...
USD/JPY Outlook Greetings and Good Morning to all traders! We saw a bearish scenario on USD/JPY on Friday as the pair successfully crossed below the 148.03 zone. The primary reason for this decline was the relative strength of the JPY, driven by a...
