This week has seen no significant changes in the market. The prevailing trend continues to favor a downward movement, as indicated by the recent performance of currency pair quotes. Notably, the quotes have dipped below the psychological level of...
The pair has been trading within a green range, where selling volume was notably present. I assumed that the pair would move slightly lower, and the volume eventually pushed it out of this range. The pair reached the resistance level of 0.57533, but...
The GBP/USD hourly chart currently presents an interesting scenario, with the price hovering around 1.2920 and trading between the Bollinger Bands, indicating a phase of stability. However, within this stability, various indicators are providing...
NZD/USD Outlook Greetings and Good Morning, guys! On Friday, we saw a bullish scenario on NZD/USD in which the market had crossed the 0.5706 zone successfully. This breakout signaled strong buying momentum, indicating a shift in market sentiment...
Today, I would like to analyze the USD/JPY currency pair from a daily timeframe perspective. Recent price action indicates that bears have continued their downward trend within their territory, but the price is currently hovering around a...
