The NZD continued its downward trajectory against the US Dollar (USD) on Friday, falling below the crucial 20-day Simple Moving Average (SMA) to 0.5830. This technical level has proven to be a formidable resistance, hindering any bullish recovery...
Let’s consider the chart of the D1 period - the USDJPY currency pair. Now this is not the best pair for work because it is in an unclear place and it is being squeezed. From below in September they went up. It was clear, the edge of the market and a...
Trading journal Sunday, December 8, 2024 AUDUSD AudUsd pair price falls below the 100 Simple Moving Average zone Assalamu'alaikum ... Hopefully on this weekend holiday traders are still in good health and get an abundance of health...
The USDMXN pair price is currently trading below the two Moving Average lines, suggesting the possibility of further decline. However, the death cross signal has not yet appeared as the EMA 50 has not crossed the SMA 200. Although the direction of...
General Points about NZDJPY: Currently, the NZDJPY market is closed at 87.36, marking a significant point in recent activity. Over the past week, the market has exhibited very slow movement, leaving participants questioning its future direction....