The USD/JPY is sitting in a small negative area right now because of the negative data that has been released by the US dollar. Still, it will likely recover in the coming hours since the USD is going to be kept busy with news about the CPI, PPI,...
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I was monitoring the NZD/USD pair as it traded near the support level of 0.56431, where I noticed a significant buy volume, and I assumed the price would rise from there. I anticipated a move toward the resistance at 0.58613, and as the price...
The euro experienced a remarkable upward movement against the US dollar during the first hours of Wednesday's commercial session, indicating a renewed bullish impulse. However, as prices approached the level of 1.11, family resistance began to...
Analysis of New Zealand Dollar vs. US Dollar - Flag Pattern: In technical analysis of forex markets, the flag pattern is one of the common patterns that reflects the continuation of the current trend after a period of consolidation or correction....