I begin my analysis of the NZD/USD (kiwi) by focusing on the 4-hour chart, where I observe a distinct sideways price channel that has dominated price action since late December. I note that the pair has consistently oscillated between the support...
The euro strengthened against the US dollar on Thursday, appreciating by 0.7% and climbing back above the 1.0400 threshold. This upward movement was fueled by a combination of factors, including broad dollar weakness and a less...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Good morning friends. Let’s pay attention to the USD/CAD price movement. USD/CAD is trading at 1.4184 at the time of writing. It is vital to pay attention to the USD/CAD market behavior on the lower...
THE CURRENCY PAIR USD-JPY I tried my best to send USD/JPY up. Everything is working out somehow strangely for this instrument. It seemed to be falling for a long time; it seemed to be waiting for growth. And it even seemed to be growing. But it...
Today, I decided to analyze the EUR/USD pair using fractal channels, focusing on their boundaries. I simplified these boundaries to make my chart clearer because I find that the channel boundaries alone often provide sufficient insight. I...