I've noticed that the instrument has begun to establish conditions for growth. I observed that the price has pierced through a local maximum, and although it has since retreated below that level, it hasn't updated its last minimum. I believe this...
USDJPY Daily Analysis The USDJPY daily chart shows clear trends. It influences well-known indicators and SMA. This helps determine the market trend. The price is above the 50-period SMA moving average. This represents growth. These observations are...
Trump’s tariff war crushes Asian stocks Trade wars unleashed by US President Donald Trump have hit Asian stocks like a steamroller. According to Bloomberg, shares of Toyota, Honda, and Nissan have plunged by at least 5%, and more drops are to...
Technical Analysis EUR/USD D-4 Chart The relative strength index (RSI) indicator on the 4-hour chart remains below 40, highlighting a bearish stance. On the downside, 1.0290-1.0300 (23.6% Fibonacci retirement of the latest downtrend, round number...
Sell Scenario for NZD/USD In addition to the potential buying opportunity discussed, it is also essential to consider the sell scenario for NZD/USD, particularly given the current market conditions characterized by low volatility and reduced trading...