M-1 Chart Technical Outlook GBP/USD GBPUSD failed to sustain its bullish momentum and after touching a high of 1.3229, prices started to fall against the US Dollar in the European trading session today. We can see the formation of bearish engulfing...
Technical analysis NZD/USD M-15 Hello everyone and all aside, let's start the working day with an analysis of the NZDUSD pair on the M15 time frame. I don't like to clutter the chart with unnecessary indicators and strive for simplicity. I use two...
The EUR/JPY pair eased around the 157.20 level during early European trade on Wednesday, capping a two-day winning streak. Weak import and export data from Japan raised concerns about Japanese demand despite strong wages, weighing on the yen. The...
NZD/USD Analysis : Market Dynamics and Upcoming Influences While the outlook appears bearish, it is important to approach trading with a well-defined risk management strategy. The forex market is inherently volatile, and even the most well-formed...
The Japanese yen held firm after paring gains during the day as expectations grew for a sharp rate cut by the Federal Reserve on Wednesday. Traders will turn their attention to the Bank of Japan’s monetary policy decision on Friday, when it is...