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...
The EUR/USD H4 chart exhibits a clear long-term downtrend, as indicated by the persistent price movement below the red moving average, which acts as a dynamic resistance. The market has been making lower highs and lower lows since early September,...
EUR/JPY is trading near a significant resistance zone at 163.50. A breakout above this level could pave the way for a move toward the next resistance at 144.50. On the downside, support lies at 162.50, with further declines potentially targeting...
A Deep Dive into Gold Prices The Gold pair's price action analysis will be our focus point in this discussion. Gold’s H4 chart is displaying a strong bullish trend within an ascending channel, with prices respecting both the upper and lower...
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...
