The NZD/CHF currency pair continues to exhibit bearish momentum, as long as the price remains below the key resistance level at exactly 0.5041 in the current trading session. The technical indicators reinforce the downside bias, with the RSI...
USDJPY Technical Analysis USDJPY is currently trading in a consolidation phase after a strong uptrend. The price is holding above the 150-period moving average, confirming that the overall trend remains bullish. However, the recent rising wedge...
Several ECB officials remain comfortable with the outlook for three additional rate cuts this year, following a 25 basis point reduction to 2.75% last month. ECB policymaker Fabio Panetta highlighted that economic weakness in the Eurozone is proving...
USD/JPY: Simple Trading Tips for Beginners for Beginners March 13 (US Session) Trade review and tips for trading in Japanese yen The prices test at 147.64 occurred when the MacD indicator has already moved down from the zero brand, which reduced the...
For the attention of traders and analysts, I present my analysis of the daily chart for the NZD/USD currency pair. Over the past two months, I have observed that the instrument has been forming a predictable upward trend, which provides a clear...