On Wednesday, the NZD/USD pair gained 0.30%, reaching 0.5615 after moving above its 20-day Simple Moving Average (SMA). This marginal increase could be a crucial turning point for the currency pair, suggesting that the market may be shifting from...
The NZD/JPY currency pair on the H1 timeframe demonstrates a clear range-bound movement between support levels at 86.50 and 87.00 and resistance levels at 88.50 and 89.50. This price action indicates a state of market indecision, with the price...
The GBP/JPY pair is currently at a crossroads, with its price action hovering around the critical pivot point of 190.64. This level will be crucial in determining the future direction of the pair. A rebound from this level could push the price...
TRADING CHART ON USD CAD H1. The USD/CAD chart presented above provides a comprehensive look at the currency pair's price movements and underlying market dynamics. Observing the price action, the chart shows a clear bullish trend that began in...
The chart of the NZD/JPY currency pair on the H1 timeframe displays a notable trend structure characterized by alternating phases of bullish and bearish movements. The price action reveals a progressive rise followed by a sharp decline, reflecting...
