The NZD/USD pair's technical configuration suggests a strong likelihood of a bullish continuation, with a projected rise of 28-41 pips if the support at 0.5693 remains intact. This support level is a critical pivot point, serving as a benchmark for...
The wedge pattern breakout observed on the CADJPY 1-hour timeframe reflects a significant disruption in market structure, marking the beginning of what could be a sustained bearish trend. This structural break highlights a shift in momentum, where...
The USD/CHF currency pair experienced a slight uptick during the North American session on Wednesday, trading around 0.9060. The Swiss franc saw a modest recovery against the US dollar after Swiss National Bank President Martin Schlegel hinted at...
The USD/CAD H4 chart exhibits a clear bullish trend, beginning from the 1.3410 level and rising steadily to the current range near 1.4330-1.4350. The 50-period simple moving average (red line) acts as dynamic support, guiding the price upward and...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Dear Sir or Madam, I would like to update my technical analysis of USD/JPY. I will consider the outlook for price action in the USD/JPY market. USD/JPY is currently moving at 155.98. According to...
