USDJPY currency pair - D1 period chart. The price was falling for the main part of the last week because weakening the US dollar was going on in the market, especially the euro and the pound grew almost vertically. The ascending wave structure can...
EUR/USD Technical Outlook: EUR/USD has been stuck in a consolidation phase, hovering between 1.0920 and 1.0980. The 200-day SMA around 1.0950 is acting as a key pivot level, and right now, momentum looks neutral. The RSI is sitting near 52, showing...
NZDUSD Daily Outlook The daily chart of the NZDUSD pair shows an interesting price structure with a clear transition from a continuous decline phase to a reversal phase. Initially, the price moved within a clearly defined downtrend channel (marked...
The pair has been trading within a green range, where selling volume was notably present. I assumed that the pair would move slightly lower, and the volume eventually pushed it out of this range. The pair reached the resistance level of 0.57533, but...
NZD/USD Outlook Greetings and Good Morning, guys! On Friday, we saw a bullish scenario on NZD/USD in which the market had crossed the 0.5706 zone successfully. This breakout signaled strong buying momentum, indicating a shift in market sentiment...
