The NZD/USD currency pair is facing challenges in extending its recent improvements, trading around the level of 0. 5960 in early European trading on Friday. Although short-term momentum appears to be encouraging, the overall technical situation and...
EUR/JPY continues its upward momentum, advancing for the third consecutive session and hovering around 162.80 during Friday's Asian trading hours. On the daily chart, the pair consolidates within a well-defined ascending channel, reflecting a...
Market Fundamentals: The yield on the benchmark 10-year Japanese government bond recently surged to its highest level since June 2009, providing a significant boost to the Japanese Yen during the Asian trading session on Monday. This rise in bond...
Today, I would like to examine the daily chart, which suggests that traders from the north are attempting to penetrate their area of control to stimulate activity in the market for this currency pair. The chart indicates that the price has recently...
Technical Analysis for NZD/USD – Head and Shoulders Pattern on the 4-Hour Chart The NZD/USD pair is currently forming a classic Head and Shoulders pattern on the 4-hour timeframe—a well-known and powerful reversal pattern that often signals a shift...
