Ichimoku Cloud Analysis and Trading Strategy for NZD/USD The Ichimoku Cloud, also known as Kumo, is currently acting as a resistance to the market growth, which was initiated by the crossing of the Tenkan-Sen conversion line at 0.59495 above the...
USD/JPY Chart Review Weekly Analysis On the senior weekly chart of this currency pair USDJPY, you can see how the price has fallen sharply down over the past few weeks. There were technical indicators, the most important of which is the bearish...
NZD/USD Analysis on the H1 Time Frame The current picture for the NZD/USD pair on the hourly chart shows a continuing bearish trend. The price remains below the Ichimoku Cloud, indicating a strong bearish impulse. This setup suggests that short...
Analyzing USDJPY through Fibonacci numbers provides a structured method for identifying trading opportunities and forecasting price movements. By applying a Fibonacci grid to yesterday’s trading data, you can pinpoint crucial levels for technical...
NZD/USD Technical Analysis: H4 Time Frame Current Market Overview On Thursday, the NZD/USD pair attempted to rally but ultimately failed, bringing the price back to its previous levels. Currently, the pair appears to be in a holding pattern as the...