Forecast of NZDUSD The NZDUSD daily time frame chart indicates that the price was attempting to alter the trend by surrounding the 26 and 50 EMA lines for the past several trading days. Before this trend shift, the primary trend was bearish. The...
GBPUSD Daily Time Chart Analysis The daily chart of the GBP/USD pair shows that the descending channel has been broken. If the price breaks above the upper trendline of the channel, it signals a possible uptrend reversal. The rising prices suggest...
Comprehensive Analysis of EUR/USD Trading Hello! I hope this analysis finds you well. I believe that the Euro/Dollar pair may still witness new highs before any potential decline. The European currency could easily reach the range of 1.0520 to...
USD/JPY Weekly Analysis: Breakout Potential Ahead The USD/JPY currency pair is showing signs of a potential breakout after a period of horizontal trading for the Japanese yen. The pair previously rose above 160 but has recently experienced a...
The term "MN chart" refers to the Monthly Chart in Forex trading. This chart provides a visual representation of price movements over an entire month, with each candlestick or bar encapsulating the open, close, high, and low prices for that specific...
