I observe that the USD/JPY pair is currently testing a critical resistance zone around 149.70, a level that has historically played a pivotal role as both support and resistance. I believe this area’s significance is amplified by the recent price...
ANALYSIS OF NZD/JPY PAIR. In the H4 timeframe of NZD/JPY, a clear downtrend has been dominating the price action, with the pair maintaining a pattern of lower highs and lower lows. The price has consistently traded below the moving average, which...
AUD/USD As of today, March 19, 2025, AUD/USD is trading around 0.6360, maintaining its bullish momentum within an ascending channel. The 14-day RSI is holding above 50, reinforcing positive sentiment. The pair has recovered strongly from its early...
The NZD/USD pair experienced a notable downturn on Wednesday, retreating from its yearly peak and nearing the 0.5830 support level established earlier. This downward pressure intensified during the European trading session, driving the pair below...
The USD/CHF currency pair has been exhibiting notable movements, influenced by various technical factors. Analyzing the 4-hour chart, the price recently broke above a downward trendline that had been defining the bearish momentum. This breakout led...