Technical Analysis EUR/USD H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart remains above 70, suggesting that the EUR/USD pair will pull back before continuing its upward trend. On the upside, 1.0500-1.0510 (round number,...
Silent Points about NZDUSD: It is a good sign that New Zealand's Inflation Expectation data has come out stronger, indicating potential stability and growth for the NZD. This increases the likelihood that buyers will gain more value as positive...
The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions in a...
I believe the GBP/USD pair is at a critical juncture, with conflicting signals from technical and fundamental factors. From my perspective, the recent rally to 1.2550 and above reflects a combination of improved UK economic data and technical...
General Points about EURJPY The EUR/JPY market had dropped below the 160.00 level. The decline appeared to be part of a correction process rather than a significant bearish trend, and the market is expected to move back up. Market participants...
