I observed that the New Zealand dollar (NZD) faced a bearish week overall, marked by a series of critical technical developments. I noted that on Monday, the price action was relatively muted, trading within a narrow range, which signaled indecision...
Money Flow Index The Money Flow Index (MFI) is a momentum indicator that measures the strength of money flowing in and out of a security over a specific period. It is similar to the Relative Strength Index (RSI) but incorporates volume, making it a...
USD/CAD Outlook Greetings and Good Morning guys! Today, the market of USD/CAD can follow a technical analysis in which it comes back. However, the overall market sentiment of USD/CAD looks in favor of buyers. It crossed the 1.4537 zone on Friday....
The USD/JPY H1 chart displays a dynamic shift in market sentiment over the last few weeks. Initially, the pair exhibited a strong bullish trend, with prices climbing steadily from the 153.00 level in mid-December to a peak near 158.90 at the end of...
TRADING CHART ON AUD/NZD H4. The AUDNZD open prices are moving normally, with no gaps like other trading instruments. The market is currently in a bearish trend, allowing the price to continue its downward movement. The price has temporarily risen...
