In the EUR/USD H4 time frame, the market exhibits a steady uptrend, with the price currently oscillating within a range defined by resistance at 1.0890 and support at 1.0960. The price recently returned after encountering resistance near the 50-day...
Forecast of EURUSD As the price of the EURUSD is moving along the moving average lines of the H1 and H4 time frame charts, I can conclude that the trading activity is inside the range zones, which is likely the case with the other trading asset that...
XAU/USD Technical Analysis Gold (XAU/USD) has entered a period of relative stability, hovering around the $2,650 mark as the market absorbs the implications of recent economic data. The latest ADP employment report, which showed a slowdown in job...
PAIR REVIEW AUDCAD Hello! Let’s consider the chart of the D1 period - the AUDCAD currency pair. The ascending wave structure broke after the last wave of decline updated the minimum of the previous one, thus the wave structure built its order...
Business sentiment in New Zealand showed signs of improvement, with the ANZ Bank’s latest survey reporting a surge in business confidence to 65.7, up from 60.9 in October. This uptick reflects growing optimism about the New Zealand economy, as...