NZD/USD As of today, NZD/USD is showing a modest upward move, currently trading around 0.56560. This comes after a recent low of 0.55425 on January 13. The pair is maintaining short-term bullish momentum, but I’m keeping an eye on key technical and...
The Aroon Oscillator is a technical indicator used in financial trading to identify the strength and direction of a trend in a market. It is derived from the Aroon Indicator, which measures the time elapsed since the highest high or lowest low over...
USD/JPY Technical Analysis The USD/JPY pair is currently trending downwards in the 4-hour timeframe. The market has completed four waves but has failed to form a fifth wave. This shows that although the structure is bearish, the trend has not yet...
Forecast of USDCAD Although the price of the USDCAD has been fluctuating between range zones on the H4 time frame chart, it has recently been trading below the 26 and 50 EMA lines. At this point, the USDCAD is attempting to move above the moving...
EUR/USD Technical Analysis and Forecast The EUR/USD market is trading between 1.04576 (high) and 1.03926 (low) today and is currently trading around 1.04150. The hourly chart shows bearish signals, falling below the 20 (SMA) and reaching a critical...
