USD/JPY Technical and Fundamental Analysis Technical Analysis: On the H4 timeframe, USD/JPY is in a downtrend, as the price is moving lower along a trendline. It is trading below the 200-day Simple Moving Average (SMA) and has formed a significant...
The New Zealand Dollar (NZD) is showing signs of a potential upward movement, with key resistance levels in focus. In the short term, the NZD could test the 0.5705 level before stabilizing, though the next resistance at 0.5725 is unlikely to be...
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EUR/USD Daily Technical Analysis EUR/USD experienced selling pressure yesterday, as the price faced rejection from the $1.04400 level and closed at $1.03980. Today’s price action shows a further decline toward $1.03500, a key support level, where...
GBP/CAD Technical Analysis and Trading Strategy Market Overview Upon analyzing the GBP/CAD currency pair, it is evident that the market sentiment is currently bullish. The price has broken through the 1.7992 zone, signaling a potential bullish...