The EUR/USD chart exhibits a series of price fluctuations within a relatively defined range. The initial observation reveals periods of consolidation where the price moves sideways, indicating a balance between buyers and sellers. Such periods of...
Euro falls sharply after robust US jobs report . The euro faced considerable pressure after a stronger-than-expected US jobs report. The U.S. economy added 265,000 jobs last month, well above expectations of 165,000. This unexpected strength has...
EUR/USD Technical Analysis 1-Hour Timeframe In the 1-hour timeframe, the EUR/USD market is currently in a downtrend supported by a clear sell structure and a prevailing downtrend. The price has reached a key support level of 1.02000, while the...
The EUR/GBP currency pair is one of the most closely watched instruments in the forex market, reflecting the economic dynamics between the Eurozone and the United Kingdom. Analyzing this pair on the hourly timeframe (H1) offers traders valuable...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis, the market price has been falling for several days, and after breaking all support levels, it is falling. But now that the market has broken out of the structure that helped...