TRADING CHART ON NZD/USD D1. The NZD/USD daily chart presents a clear bearish trend, as evidenced by the pair's sustained movement below the 200-day moving average, which acts as a dynamic resistance level. The price has now settled near 0.58084, a...
THE CURRENCY PAIR EUR-USD Since the opening of trading, the EUR/USD quotes have been trying to continue the southward trend that began on Friday and are trying to test the support of 1.0535 for a breakout downwards. Monday is just around the...
Today, on Monday, we will consider the H4 period chart - the EURUSD currency pair. The downward wave structure broke after the growth wave last trading week updated the maximum of the previous growth wave. Earlier, the descending resistance line was...
The USD/CHF pair has experienced significant bearish pressure over recent sessions, with a notable decline pushing the price below the 0.8800 level. However, a strong recovery near the 0.8750 area suggests that buyers are beginning to regain...
West Texas Intermediate (WTI) crude oil prices showed some resilience below the $67.00 level at the start of the new week. After a three-day decline that culminated in a three-week low on Friday, the commodity managed to rebound slightly, gaining...