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Forecast of NZDUSD Although the primary trend on the daily time frame chart was bearish, the price has been moving in an upward channel for the past several trading days. In this ascending channel, the trend line at the top was above the moving...
USDCAD Analysis The daily chart of the USDCAD pair shows that the currency pair has recently experienced a significant change in market sentiment as it broke out of a strong consolidation range and has shown a strong downtrend. For several weeks,...
Forecast of AUDUSD The AUDUSD crossed the moving average lines to the upside and many times to the downside because the price was moving along the lines of the moving average and had been rising and falling in several bullish and bearish waves...
Forecast of GBPUSD The GBPUSD price reached an overbought level on the H4 time frame chart, as shown by the RSI indicator. This is what caused the price adjustment on Thursday, and the price fell sharply on Friday of this week, even crossing the...