Hello all, In the current analysis of crude oil price behavior, we delve into the technical aspects that indicate a strong bearish sentiment in the market. This analysis employs Heiken Ashi candlesticks combined with the Commodity Channel Index...
NZD/USD/H1/0.6139 Hello all, The New Zealand Dollar (NZD) is experiencing significant selling pressure against the US Dollar (USD), with the NZD/USD pair struggling to stay above its key 20-day simple moving average (SMA). This crucial support level...
EUR/USD D1 chart Lower gasoline prices, subdued demand for building materials, and a decline in sales at food services and drinking places were significant drags. Despite these challenges, retail sales managed to grow slightly in May, reversing a...
NZD/USD,m,D1 The spot prices of NZD/USD are currently trading at a record low level for the past three months, just above the critical 0.6000 level. This confirms a bearish breakout on the charts, as the price has dropped below the 50-day moving...
The USD/JPY pair made a positive trade last Friday, testing the important level of 161.40-161.73, but remained below that level. The Stochastic indicator has reached overbought areas, while the SMA 50 is still exerting negative pressure on the pair....