USD/JPY Faces Downward Pressure The daily chart for the USD/JPY currency pair reveals a recent period of downward momentum. Following a peak in late March, the pair has experienced a noticeable decline, breaking below key moving averages. The price...
EUR / USD: My Trading Recommendations The market sentiment of EURUSD might turn in favor of bears later. On Friday, the price hit the 1.1361 level, which is known as a middle point. This could indicate a potential shift in the market dynamics,...
ANALYSIS OF GOLD PAIR. Gold prices on the hourly chart are currently exhibiting a transitional phase after a strong prior uptrend, suggesting a critical juncture where market sentiment is being tested. The broader trend remains bullish when...
Forecast of Crude Oil Examining the H1 time frame chart, I could see that the price dropped significantly in the last few candles, testing the 50 EMA line and creating a bearish Doji candle. The price is currently climbing with the appearance of the...
NZD / USD: An Hourly Time Frame Recommendations The expected target of NZDUSD can be around the 0.5942 level as the US dollar will pull back. With this pullback in the US dollar, the NZDUSD pair is likely to experience upward movement, creating an...
