The technical forecast for AUD/USD underscores the critical role of the 0.6295 pivot point in determining short-term price movements, suggesting a possible decline of 17 to 32 pips. Below this key level, traders are advised to adopt short positions,...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Hello everyone, it's the fourth day of the week, and it's time to do an evaluation of trading. I will share an analysis of the USD/JPY market. Looking at the price movement, USD/JPY is trading at...
TRADING CHART ON AUD/NZD H1. The value of the AUDNZD currency pair fluctuated in the Asian market this morning when the New Zealand inflation (CPI) data was released. The results showed that inflation decreased to around 0.5% from the previous 0.6%,...
The EUR/USD pair currently demonstrates a bearish bias, with an expected decline of 20 to 40 pips signaling the market's alignment with the downside trend. The pivotal level of 1.0435 acts as a crucial determinant in assessing the pair's trajectory....
The value of the British Pound against the Japanese Yen experienced a significant rise, which impacted my trading plan. Previously, I had developed a strategy based on price movements that tended to be stable. However, the price increase, which...
