EUR/USD Technical Analysis – H1 Timeframe The EUR/USD currency pair trades in an uptrend supported by an ascending trend channel on the H1 timeframe. The market structure is also bullish, suggesting that prices may continue to rise in the coming...
Forecast of NZDUSD The NZDUSD nearly tested the 50 EMA line last week due to the substantial buying momentum on the daily time frame chart, which caused the entire price to rise. The price fell on Monday of this week and continues to do so today...
Good evening traders I hope you are all doing good. The market has shown that a simple reversal is unlikely. Technically, the key levels have been tested, and the crowd has been shaken out. We’ve seen growth, but it’s cleverly disguised as part of...
British Prime Minister (PM) Keir Starmer said on Tuesday, “I am beginning to see the UK’s economy turning around Artificial intelligence (AI) will be a game-changer. The government hears 'loud and clear' the message to cut regulation. GBP/JPY could...
Currency pair AUDUSD - let’s consider the chart of the D1 period today. We can say that the descending wave structure on this chart already broke after the current growth wave updated the previous wave’s maximum. The MACD indicator is still in the...
