USDJPY Technical Analysis The USDJPY pair is currently in a downtrend on the H1 timeframe, with price trading around 146.998. The formation of lower highs and lower lows suggests a continuation of bearish momentum. The moving average (MA) is...
USD/JPY As of today, USD/JPY is showing signs of bearish pressure, influenced by both technical and fundamental factors. The pair remains vulnerable to further downside if key support levels break. Technical Analysis: USD/JPY is currently trading...
The Australian dollar showed a modest demonstration during the early negotiation of Monday, but continues to float around the 50 -day crucial EMA, a level that has repeatedly acted as support and resistance. This key indicator has become a focal...
USD/CAD The Canadian dollar remained near 1.43 per USD, approaching the one-month low of 1.45 recorded on March 3, as investors assessed weaker-than-expected labor market data. While the unemployment rate remained unchanged at 6.6% in February, the...
NZDUSD currency pair - let’s consider the D1 period chart. After the last growth wave updated the previous one’s maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it, it is only...
