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 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...
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 EUR/GBP pair has experienced a rebound, reversing the losses of the previous two trading sessions to hover around the 0.8380 level in early European transactions. This upward movement was largely influenced by the release of GDP data from the...
The NZD/JPY currency pair remains in an uptrend as long as the price stays above the key support level at exactly 85.13. Technical indicators confirm the bullish sentiment, with the Relative Strength Index remaining above the neutral fifty level....
