For this instrument, it is clear that accumulation is underway. I expect this ongoing accumulation to culminate in a significant upward movement. As I've mentioned many times, I plan to monitor the resistance levels at 79.96 and 80.62. Near these...
The Australian currency, specifically the AUD/USD pair, is presently trading around $0.6655, demonstrating a neutral trend in the foreign exchange market. This value has been relatively stable, as observed in the daily charts, where the currency...
TRADING UPDATES GBPUSD In last night's trading session, buyers were unsuccessful in bringing the price to move higher so there was momentum that sellers were able to use to push the price down. Based on the results of the chart analysis, the...
The EUR/JPY pair is showing signs that it might continue to go down. Recently, the pair has been closing consistently below the 171.20 level, and it even dropped to 170.90. This suggests that the market is still under bearish pressure. The...
The NZD/USD (New Zealand Dollar/US Dollar) exchange rate, currently at 0.6112, is experiencing a bearish trend. This indicates that the New Zealand Dollar is weakening against the US Dollar. Various factors could contribute to this movement,...