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...
The Three Tops pattern is a bearish reversal chart formation used in technical analysis. It signals that an uptrend may be coming to an end and a downtrend could follow. Here’s a breakdown of its key components and how traders might interpret it:...
EUR/USD Technical Analysis and Forecast H1 Chart: The EUR/USD market shows signs of a slight recovery after falling to 1.08234 today. The EUR/USD market trades at 1.08636, slightly recovering from the daily low. When the price fluctuates around this...
Hello. Yes, so far sellers cannot do anything special in terms of developing the correction, buyers updated the maximum yesterday, in general they can continue to grow further, especially since the Pound is famous for its large passes without...
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...
