The EURUSD market pair traded on Friday was still in a very strong bearish pace after buyers failed to bring the price up bullish because they were strongly blocked by sellers who strengthened the resistance area at 1.0419-1.0418 so that the price...
EUR/USD Weekly Outlook: Market Insights and Predictions Introduction As anticipated in my previous analysis, the EUR/USD currency pair has not yet signaled a readiness for a bullish reversal. Instead, as the trading week concluded, the pair shifted...
I am analyzing the H4 chart for the NZD/USD currency pair, and I observe that the market is currently in a downward trend. I notice that the price attempted to reach higher levels but is now declining, hovering around the support zone at 0.5595. I...
For the AUDUSD pair, you can see how, since the beginning of February, the price has been going down, with a price gap, and updated the minimum of the previous January. A bullish divergence has formed on the MACD and CCI indicators used - a strong...
Bullish Scenario: If the price reaches the demand zone and shows signs of a bullish reversal, such as a pin bar or engulfing pattern, this could be a strong signal to enter a long position. A successful bounce could see the EURCAD move back towards...
