The USD/CAD pair on the H1 timeframe is demonstrating a clear bullish trend, characterized by a consistent pattern of higher highs and higher lows. This upward momentum is supported by the price trading firmly above key moving averages, reflecting...
Currency pair EURJPY - chart of period D1. Now for this pair, the wave structure can be said to be building its order downwards, although more and sideways market here in this period. The MACD indicator is in the lower zone of sales and below its...
The New Zealand Dollar (NZD) weakened against the US Dollar (USD) for the second consecutive day on Friday, trading near 0.5590 during the European session. This decline was primarily driven by a resurgence in US Dollar (USD) strength. The US Dollar...
The price fluctuated within a limited range between the nearest support and resistance, moving around the daily opening price of 20,839, which was between 20,757 and 20,921. Buyers then pushed the price towards the 20,921 resistance, where it faced...
I am focusing on the weekly timeframe today, where I see a potential descending channel, with the price currently sitting at its upper border. I believe today will reveal whether the price breaks out of the channel upwards or remains within it. I...
