Market Analysis Overview In the daily chart analysis, the wave structure is showing an upward trend. The MACD indicator is also in the upper zone and growing above its signal line. Since the beginning of March, prices have surged upwards...
The pair is currently trading above the moving averages, which suggests a potential bullish bias in the market. However, I notice a divergence on the indicator, which indicates a possible decline in the near term. Since the price is still above the...
The GBP/USD currency pair continues to exhibit a bearish bias as long as the price remains below the key resistance level at exactly 1.2968. Technical indicators suggest continued downside pressure, with the RSI positioned below the neutral fifty...
The EUR/NZD currency pair is experiencing bearish momentum as long as the price remains below the key resistance level of 1.8968. Market conditions indicate continued selling pressure, with technical indicators showing a lack of bullish strength in...
The USD/TRY currency pair continues to show signs of upward momentum as long as the key support level at 36.6224 remains intact. The pair has been maintaining its bullish structure, supported by strong technical indicators signaling further...