TRADING CHART ON NZD/USD D1. The NZD/USD daily chart reflects a sustained bearish trend, with the price currently at 0.5577, hovering near a critical support level at 0.5570. Since mid-2023, the market has been forming a series of lower highs and...
EUR/USD Trading Analysis Update Monday, January 20, 2025 On Friday's trading, EURUSD had risen to the supply area at a price of 1.0324 and as we can see, EURUSD responded to that area by immediately dropping even to a price of 1.0265. As I wrote in...
The EUR/USD hourly chart illustrates a period of relative instability, with the price moving within a defined range and experiencing occasional sharp drops. This behavior reflects a market that is currently indecisive, driven by both bullish and...
I am observing the hourly chart of the EURUSD currency pair, where I see that purchase targets have been formed. I note that the first target corresponds to the 161.8 level on the Fibonacci grid, which is at 1.0336. I see the second target aligns...
The EUR/USD currency pair experienced a slight recovery during the Asian trading session on Friday, trading around the 1.0280 level. However, the pair's upward momentum may be limited as market participants exercise caution ahead of the upcoming...
