EUR/USD Technical Analysis and Market Outlook Current Market Conditions Despite the recent downward movement, it appears to be merely a retracement rather than a trend reversal. The prevailing trend remains bullish, and the red rectangle on the...
Trading Analysis Update Thursday 08 August 2024 NZD-USD PAIR H4 Hour The NZDUSD pair is still seen continuing the upward correction phase testing the resistance (R1) 0.6001 after yesterday failing to move higher to reach the SMA 200 as dynamic...
Weekly Trading chat On USDJPY At the moment, on the senior weekly chart of this currency pair USDJPY, it is visible how the price has fallen sharply down over the past few weeks. There were technical indicators, the most important of which is the...
The priority remains to purchase this instrument, as current market conditions suggest potential for continued upward momentum. Today, there has already been a downward correction to 1.0892, which followed a local high of 1.0940. This correction...
**GBP/USD Technical Analysis for Today: Key Levels and Market Insights** The GBP/USD pair has shown a mixed performance recently, with yesterday’s trading session illustrating the ongoing downward trend. Buyers made an attempt to drive the price...