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 USDJPY: Major U.S. Dollar (USD) news events have not resulted in the expected strengthening of the Dollar, leaving market participants puzzled. Over the past week, key economic indicators such as Non-Farm Payrolls and the...
The chart depicts the EUR/USD currency pair on an hourly timeframe, showcasing recent price activity and trends. Below is a detailed technical analysis based on observable patterns, support and resistance levels, and technical indicators. The chart...
The USDCHF currency pair has the potential for a long-term bullish trend, but the price movement over the last two months has created a significant gap towards the dynamic support level around 0.86346 on the monthly chart. In the last two weeks, the...
Forecast of AUDUSD I saw a significant price decrease on the AUDUSD's lower time frame charts, which is why the second-to-last candle on the H4 time frame chart is a strong bearish engulfing candle. The RSI indicator's value is 35, which is near the...