The wave pattern on the 4-hour chart for the EUR/USD pair remains unchanged. Currently, we observe the formation of the presumed wave 3 within wave 3 or c of the bearish part of the trend. If this is indeed the case, the decline in quotes will...
NZD/USD analysis: The NZD/USD currency pair is currently facing a bullish trend, with resistance levels set between 0.6153 and 0.6200. Market analysts are looking at the next price target at an untested resistance level of 0.6182 for buyers. If this...
Gold Price Movement We will discuss the current behavior analysis of the Gold price. The gold market remains intriguing. Yesterday, we attempted to rally and reach new local highs around 2336, but this breakthrough proved false. A pin bar appeared...
After USD/JPY broke through the psychological 160.00 mark, there was growing talk of Japan’s imminent intervention in the foreign exchange market to stop the yen’s collapse. It hit the highest resistance level since 1986 at 160.86 and stabilized...
Illuminating USD/CAD Price Move We are presently dissecting the real-time analysis of the USD/CAD currency pair's pricing. On Friday, the USD/CAD pair experienced a decline. The daily chart shows that the pair moved sideways throughout the week....