According to the H1 chart, the EUR/JPY currency pair is currently moving in an upward trend. This upward trajectory is confirmed by the 50-period moving average, which is positioned below the current price. Additionally, the zig-zag indicator...
EUR/USD ANALYSIS This is still complicated by the H1 Hour candles pointing north. But this is only an appearance, in my opinion. The main movement will still be towards a decline in EUR/USD. I predict an exit from the sideways downwards. It is...
Shezuka trading discussion However, an alternative scenario exists. If prices hold above the Yellow Moving Average (another technical indicator used to gauge momentum), the bulls might regain control and push prices higher. This could potentially...
The release of the Australian CPI news made EURaud move aggressively today. Data that exceeded expectations made the Aussie dollar strengthen further against the euro. It seems that Australian inflation is still high. In this Asian session, my...
GBP/USD on Friday, the price throughout the day failed to break out of the previous day's range, resulting in the formation of an indecision candle with a slight bullish bias by the end of the day. Overall, for this instrument next week, I consider...