NZDUSD currency pair - let’s consider the D1 period chart today. January was passed earlier, and the movements were in different directions. There was a good upward correction, which was preceded by a bullish divergence on the MACD indicator used,...
February 5, 2025 USD/CAD slumps below 1.4300 as CAD capitalizes on Trump’s suspension of tariff orders The USD/CAD currency pair has experienced significant volatility, primarily due to recent U.S. tariff announcements affecting Canadian imports. On...
GBP/JPY remains in a technically weak position, with the potential for a significant decline of 110 to 160 pips as long as the price remains below the key resistance level of 191.28. This level serves as a crucial barrier preventing any meaningful...
NZD/JPY remains in a complex technical phase, where both bullish and bearish forces are battling for control. The projected movement of 66 to 93 pips is contingent on the market's ability to hold above 86.27, which serves as a pivotal level. If the...
EUR/USD The EUR/USD pair is hovering around 1.0300 today, maintaining its bearish momentum. Over the past four months, the euro has dropped nearly 8%, inching closer to levels last seen in September 2022. The downtrend remains intact, with no clear...