I have been observing a sideways movement on the daily chart lately, and today, the pair continues to move within this range. I am trying to determine whether this sideways movement will persist or if a breakout is imminent. To gain clarity, I will...
NZD/USD Price Forecast NZD/USD could target the two-month high at 0.5794. The 14-day RSI stays above the 50 level, reinforcing the bullish sentiment. The nine-day EMA at 0.5721 level appears as the immediate support. The NZD/USD pair maintains its...
I see that everything on EUR/USD is going according to my expectations. The pair has successfully broken through 1.0513, and now there is a wedge forming in the first wave of the third wave. However, it has not yet broken through 1.0530, which...
During Monday's early European session, the EUR/JPY cross recovered to close at 157.10, ending its three-day losing run. As anticipated, Germany's conservatives won the election, and the euro (EUR) gained strength. For a new boost, traders expect...
Hello. Today, sellers tried to develop a downward movement, but sellers quickly bought out the price and are moving towards updating the current maximum at 2954.76. If they manage to break through this level and actively consolidate, then further...