NZD/USD ANALYSIS: Next week, the outlook for NZD/USD suggests a further decline towards the range of 0.5850-0.5825 in futures prices. This drop is anticipated as the pair seeks to test the accumulation of volumes in this area. The accumulation of...
Although traders are waiting for the levels from which the yen pairs can bounce down after this upward wave, the price of the pair on the 4-hour chart gives a new upward target, which is the weekly resistance level of 206.64. The price of the pair...
It seems like you're discussing the EUR/USD currency pair and analyzing its recent performance. For an effective analysis, consider the following points: 1. **Current Market Conditions:** As of the latest data, the EUR/USD pair is at 1.0876, showing...
Outlook technical analysis: The recent resistance encountered by the CAD/JPY pair underscores the presence of significant selling pressure in the market. This resistance level may represent a key inflection point, where traders reassess their...
Hello, dear friends. The GBP/USD pair is currently demonstrating a downtrend on the H4 time frame. This movement is notably consistent with its interaction with the 50-period Simple Moving Average (SMA), which has been guiding the bearish sentiment....