I believe that selling NZDUSD on the H1 timeframe is a viable strategy today, given the current market conditions. I expect the pair to open at 0.5706, and I have set my stop-loss at 0.5722 to limit potential losses if the market moves against me. I...
WTI crude oil prices closed at $69.20 a barrel in European trading on Thursday, snapping a three-day rally. The decline reflected concerns in markets as investors weighed the potential impact of US President Donald Trump’s recently imposed auto...
USDJPY Daily Forecast The USD/JPY pair maintained its strong upward momentum and continued to rise above the 152.00 level as market participants remained cautious about key economic trends. While expectations regarding the US Federal Reserve’s...
EURUSD Technical Analysis EURUSD is currently trading at 1.08304 on the H1 timeframe, showing a recent bullish surge. The price has broken above the 150-period moving average, indicating a shift in momentum. However, it is now testing a strong...
I am analyzing the GBPJPY currency pair on the M30 chart, where I have identified a potential selling opportunity. I observe that the seller is dominating the market, pushing the price lower, as evidenced by the current price of 194.690 trading...