The chart demonstrates notable price fluctuations, reflecting a market characterized by alternating bullish and bearish movements. In early December, the price exhibited a strong uptrend, reaching a peak near 108,000. This rally likely indicates...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis. Market prices are rising, which is very helpful in increasing the market price. The market price broke out of this momentum level and then the market price failed to align...
NZD/USD Analysis: Bearish Pressure Amidst Strong US Dollar Overview The NZD/USD currency pair faced selling pressure during the European session on Friday, with prices dropping below 0.5585. This downward movement can be attributed to several...
The currency pair moved in a narrow range on Friday. However, buyers had an advantage in the market. The price has been under buyer dominance since the Asian trading session opened on Friday at 1.8382. The price rose, and the breakout of the nearby...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...