Forecast of NZDUSD The NZDUSD nearly tested the 50 EMA line last week due to the substantial buying momentum on the daily time frame chart, which caused the entire price to rise. The price fell on Monday of this week and continues to do so today...
Technical analysis of the USDJPY pair On the 4-hour chart, the pair price started trading this week inside the white triangle, which is the common area between the price channels. Where we have the red channel, which is a side channel that...
GBP/JPY Price Action Outline The GBP/JPY H-1 timeframe chart above shows price movements with various technical analysis elements that can be used to make trading decisions. In general, it is seen that the price is moving around the weekly pivot...
EUR/USD Technical Analysis – H1 Timeframe The EUR/USD currency pair trades in an uptrend supported by an ascending trend channel on the H1 timeframe. The market structure is also bullish, suggesting that prices may continue to rise in the coming...
Forecast of Crude Oil The price of Crude Oil has been rising over the past several trading hours, according to the H1 time frame chart, but it has now stopped growing since two hours ago, the price of Crude Oil tested both the trend line and the 50...
