Currently, I am observing the AUD/USD pair on the daily chart using the wave technique, and I notice that the MA100 is setting a bearish tone. The MA100 is pulling towards a decline at a trend angle of approximately ten degrees, which indicates that...
GBP/USD: Today’s Market Update(February 26,2025) Pound’s Performance Against the Dollar The British Pound (GBP) is showing strong momentum today against the U.S. Dollar (USD), trading just under the 1.2650 mark. With the ongoing economic recovery in...
The GBP/JPY H1 chart reflects a downtrend with signs of consolidation around the 189.02 level. The price has consistently formed lower highs and lower lows, indicating that bearish pressure remains dominant. However, recent price action suggests a...
NZD/JPY Trading Analysis Update Wednesday, February 26, 2025 The rapidly increasing New Zealand Retail Sales data report does not seem to support the increase in the NZDJPY pair price. In fact, the price continues to rally downwards in line with...
EUR-JPY Analysis: Current Market Conditions and Future Trends The EUR-JPY currency pair is currently moving downwards, exhibiting a wave structure that indicates continued bearish momentum. The most recent decline has updated the previous minimum,...
