EUR/USD Price Action Analysis The EUR/USD price is currently around 1.08027, with the nearest resistance level at 1.08196 and support at 1.07988. The MACD indicator (12,26,9) shows a positive value (0.004199), which indicates bullish momentum that...
The AUDUSD price movements. By considering the existing supply and demand zones, we can identify potential optimal entry and exit points. For example, if the price approaches the demand zone around 0.6201, we can consider making a buy entry with a...
Analysis of NZD/USD on H4 Time Frame as of March 6, 2025 Current Market Data Current Price: 0.5733 Monthly Pivot: 0.5624 Support 1 (S1): 0.5479 Resistance 1 (R1): 0.5737 Resistance 2 (R2): 0.5882 The current price of NZD/USD is nearing the first...
USD/JPY The USD/JPY pair has seen a significant pullback today, slipping to 148.40 before finding some stability around 148.90. Earlier in the week, it tested resistance at 151.30, but selling pressure has taken control. From a technical...
General Points about USDJPY: The USD/JPY market has reached the 149.11 level, which is a support level. A crucial point where buyers and sellers are actively engaging, determining the next possible market direction. The selling pressure at this...