The NZD/USD currency pair displayed a notable shift in momentum on the 4-hour chart, marking the first instance in three months where it failed to breach the 200-period Simple Moving Average (SMA). Furthermore, the pair demonstrated an inability to...
Hello. Yesterday, buyers were finally able to break through the 1.04359 level for the Euro, which gave us the first more or less significant break in the downward structure, but ultimately failed to consolidate behind this level. Now, to continue...
Hello! Guy's how are you today of my technical analysis for GBP/USD with a one-day chart timeframe: Current Price: 1.2353 Night Price: 1.2503 Lower Price: 1.2107 Here are a few things to consider: 1. Price Movement Overview: The drop from 1.2503 to...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hello, I prefer USD/CAD for technical analysis. USD/CAD is trading at 1.4344 at the time of writing. Significant support is likely to be found in this area. Meanwhile, the price chart remains in the...
Welcome to my usdjpy analysis: I believe we shouldn't rush to conclude the current market movement in USD/JPY. I think it's better to wait for the Central Bank of Japan's rate decision, as it will likely trigger a strong movement. I notice that...
