NZDUSD currency pair - let’s consider the D1 period chart. After the last growth wave updated the previous one’s maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it. It is only...
Technology Outlook USD/CHF H-4 chart Yesterday, due to weak inflation data, the dollar was unable to continue strengthening, which it began at the beginning of the current week. And yesterday's bearish candle slightly spoils the development of the...
Fractals, in the context of technical analysis, refer to a specific type of indicator introduced by Bill Williams. These fractals highlight potential reversal points in price movements. The concept is based on the idea that financial markets exhibit...
The EUR/JPY currency pair experienced a notable downturn, relinquishing its grip around the 159.40 threshold during the initial hours of European trading on Friday. This shift in momentum was largely attributed to prevailing market uncertainties and...
USD/CAD Hourly chart: The USD/CAD market is experiencing volatility today. It peaked at 1.44000 before encountering resistance and pulling back. After testing higher levels, the USD/CAD market trades near 1.43839, suggesting a slight bearish...
