General Points of NZDUSD: This week, the performance of buyers in the NZD/USD market has been quite disappointing. The market has been consistently moving downward, reaching as low as 0.6050 during the Asian trading session this morning. However,...
We're concentrating on the assessment of the GBP/USD pair's price movements. Meanwhile, the EUR/USD exchange rate between the euro and the U.S. dollar is undergoing significant shifts due to a combination of technical and fundamental drivers. The...
H4 period chart - AUDUSD currency pair. The wave structure built its order downwards. The MACD indicator is already in the lower sales zone, although now it is again above its signal line, which indicates an upward correction. When the price had not...
The USD/JPY 30-minute chart shows a strong bullish momentum with the price breaking above the 150.00 psychological level, trading currently at 150.187. After a consolidation phase, the pair has cleared multiple liquidity zones (DLiq) around 149.500...
What are Pennant Patterns? Pennant Pattern is a continuation pattern formed by large currency pair price movements that help identify the direction in which currency pairs are headed. The pattern resembles the shape of a flag, which denotes a...