Trade Analysis and Tips for Trading the Japanese Yen The test of the 145.24 price level coincided with the moment when the MACD indicator had risen significantly above the zero mark, limiting the pair's upward potential. For this reason, I chose not...
The NZD/USD pair experienced a continued decline this week, extending its corrective move from the 0.6375-0.6380 area, levels last seen in July 2023. The downward trajectory pushed spot prices below 0.6200, a one-and-a-half-week low during the Asian...
AUD/USD Price Forecast . The (USD) trades firmly stronger again on Thursday, fuelled by safe-haven flows due to increased geopolitical tensions in the Middle East, a weaker Japanese Yen (JPY), and diminishing chances of another large...
The situation with the Canadian dollar is quite interesting. After bouncing from the 1.39387 level, a downtrend has started. It appears that the market is currently in a correction phase, and once this phase concludes, the downtrend could resume....
Crude oil prices are struggling to maintain momentum during Thursday’s European session, oscillating around the mid-$71.00 range. This stagnation comes on the heels of a two-day recovery from the lowest levels seen since May 2023. Despite the recent...