Silent Points about NZDJPY: Long-term traders in the NZDJPY market can set their target above the 90.00 level. This target represents a significant point of resistance that, if broken, could indicate further bullish momentum for the New Zealand...
AUD/USD Analysis: Current Market Condition and Key Levels As of Thursday, the AUD/USD pair is trading around 0.6220 and is attempting to break above the descending channel on the daily chart. A successful breakout from this channel could weaken the...
Shooting Star Candlestick Chart Pattern The Shooting Star is a bearish reversal candlestick pattern that often signals the end of an uptrend and the potential beginning of a downtrend. It is a widely recognized pattern in technical analysis and...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Good morning fellow traders, In Today's analysis, I will discuss the EUR/USD currency pair. EUR/USD is trading at 1.0386 at the time of writing. If you look at the USD index, the current price is...
GBP / AUD: An Hourly Time Frame Recommendation Both the Australian and United Kingdom Financial Departments have released some negative data, which increases the difficulty of the GBPAUD investors. The disappointing economic reports from both...