Forecast of NZDUSD Looking at the NZDUSD's daily time frame chart, we can see that the price had been running in a bearish trend for an extended period. This is why the price reached the oversold level a few trading days ago, and the NZDUSD began...
EURJPY Analysis The EUR/JPY daily chart shows a significant break of the extended descending channel, suggesting a potential change in market sentiment. The currency pair has been trading in an unusual bearish trend for several weeks, with price...
Many people believe Winston Churchill created a phrase: "Never let a good crisis waste." Others think he was the Chief of Staff of President Obama Rahm Emanual, who said, “During the financial crisis, you never want to let the serious crisis go for...
XAUUSD Weekly Technical Analysis XAUUSD has shown a strong bullish recovery on the weekly timeframe, currently trading near 2911.31. The price experienced a significant downtrend, but recent price action suggests a potential reversal. The...
Forecast of USDCAD According to the daily time frame chart I observed, the USDCAD price has been moving in an upward channel for a long time, as I have illustrated in the attached diagram, and there is a significant gap between the top and bottom...
