Have a nice day everyone! Let's look at the M15 chart. It shows a linear regression channel, which indicates the strength of buyers and the upward trend. The market is moving towards the upper boundary of the channel at 1.25037. To open a position,...
The technical configuration of NZD/JPY currently signals a strong bullish stance, primarily driven by the pivotal support level at 86.15, which acts as a cornerstone for the expected rise of 54 to 80 pips. With the price trading comfortably above...
The New Zealand dollar is traded to 0.5608 at the European meeting, which is a decrease of 0.35% per day. On Monday, NZD/USD dropped up to $ 1.2%, but managed to get back most of these losses. Employment in New Zealand is expected to fall New...
Morning Star Chart Pattern The Morning Star is a bullish reversal candlestick pattern that typically appears at the bottom of a downtrend, signaling a potential upward reversal. It consists of three candles: First Candle (Bearish) – A long red...
EUR/USD After yesterday's movements, the picture for EURUSD really remains not entirely clear, but since on m30 sellers are holding quotes for this instrument within the downward impulse, they retain a slight advantage. The main resistance for the...
