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...
I hope you are all doing well. It seems like I've been a bit absent lately, and I wanted to reach out to my fellow traders, especially you, Nikolai. Where have you been? Everything okay on your end? I miss our discussions on the forum; it’s...
GBP/USD Forecast Good Morning, guys! The UK GDP rate might bring volatility in the GBP/USD market this week. Investors will closely watch the economic growth data to assess the strength of the British economy, which could impact the direction of the...
EUR/USD Technical Outlook: EUR/USD has been stuck in a consolidation phase, hovering between 1.0920 and 1.0980. The 200-day SMA around 1.0950 is acting as a key pivot level, and right now, momentum looks neutral. The RSI is sitting near 52, showing...
Today, I would like to analyze the USD/JPY currency pair from a daily timeframe perspective. Recent price action indicates that bears have continued their downward trend within their territory, but the price is currently hovering around a...
