It sounds like you've been doing some thorough analysis on the USD/JPY pair, and your cautious approach is definitely understandable given the conflicting signals you're observing. The situation you’ve described—modest bullish candle with a large...
#GBP/USD The bulls continued to hold the initiative, pushing the price to the 1.2630 level, while failing to identify the 1.2665 resistance level. Looking at the current situation on the daily chart, we can observe the first signs of a reversal...
Forecast of NZDUSD The NZDUSD daily time frame chart indicates that the price was attempting to alter the trend by surrounding the 26 and 50 EMA lines for the past several trading days. Before this trend shift, the primary trend was bearish. The...
EURUSD Daily Time Chart Analysis The daily EUR/USD chart is in a downtrend with lower highs and lower lows. The bearish line acts as a resistance line. The price recently broke above this trend, suggesting a possible reversal. Fibonacci retracement...
**EUR-AUD Pair Forecast** In July, the EUR/AUD currency pair experienced significant buying pressure, particularly when sellers were trapped at the price level of 1.60322. The strength of the buyers pushed the price above key levels such as the...
