NZD/USD ANALYSIS: Next week, the outlook for NZD/USD suggests a further decline towards the range of 0.5850-0.5825 in futures prices. This drop is anticipated as the pair seeks to test the accumulation of volumes in this area. The accumulation of...
USD/CAD ANALYSIS JULY 27, 2024 On the weekly chart above, the price cluster appears to be approaching the green rectangle resistance zone in the range of 1.3875 - 1.3976, where in the previous breakout attempt, buyers were only able to hold on to...
Doji candlestick chart pattern in forex trading. A doji (dо̄ji) is a name for a trading session in which a security has open and close levels that are virtually equal, as represented by a candle shape on a chart. Based on this shape, technical...
Monitoring and analysis of the trading situation for the Euro/Canadian Dollar currency pair. The analyzed timeframe is 4 hours. The Extended Regression StopAndReverse linear regression indicator, in combination with confirmatory readings of the RSI...
The USD/CHF currency pair, currently at 0.8832, is showing a bearish trend, suggesting that the US dollar is weakening against the Swiss franc. While the market has been moving slowly, there are several factors that could potentially lead to a...