The EUR/JPY H1 chart reflects a prolonged period of consolidation and choppiness with no sustained directional trend over the past several weeks. Price has been oscillating mostly between the 160.40 and 163.40 levels, indicating a market driven by...
Hello, colleague! I completely understand the confusion around USD/JPY at the moment — it's like staring at a chessboard where both sides have paused mid-game. So, I've taken a step back and decided not to force a trade just yet, letting the market...
NZDUSD Analysis Buying interest in the NZDUSD pair has increased recently, with traders pushing the price higher after the pair hit a five-year low of 0.5484. This positive recovery reflects a clear shift in market sentiment, with the currency pair...
Today, a buying opportunity has emerged for the NZD/USD currency pair above the resistance level of 0.5859, indicating a bullish sentiment among traders. As buyers have started to push the pair higher, we can notice that it has successfully...
Technical analysis of EURUSD The EUR/USD pair is currently trading at 1.1319, exhibiting a cautiously neutral tone as market participants assess key technical levels. The immediate support level is positioned at 1.1299, while resistance stands firm...