The EUR/USD daily chart shows a strong bearish trend, with price action forming lower highs and lower lows. The red moving average (likely a 50-day or 100-day MA) has acted as dynamic resistance, with price rejecting it multiple times before...
The NZD/USD currency pair snapped a four-day winning streak, trading around 0.5660 during Thursday's European session. The pair's trajectory remains uncertain, as indicated by technical analysis on the daily chart. A rectangle pattern has emerged,...
France gets stuck in dire straits France's economy is in turmoil again! It has been trapped in a deep crisis since last year, appealing for urgent measures. According to the latest data, the French economy contracted at the end of 2024 as the boost...
I observe that the recent upward price movement in NZD/USD has likely cleared the liquidity zone marked by the black rectangle on my chart. I believe this area represented a concentration of buy stops or pending orders, which were absorbed by the...
Date: 6th February 2025. Analysts Expect the BoE To Cut GDP Forecasts and Raise Inflation Projections! President Donald Trump approved a 25.0% tariff on Mexican and Canadian goods starting on February 1st, but implementation was delayed after...
