General Points about GBPUSD: The GBPUSD market shows potential for further upward movement, with a strong possibility that it could break the 1.3362 level. Observing recent market behavior, it’s clear that buying momentum has been building steadily,...
Technical analysis 28 April 2025 EUR/USD D-1 Hello! And it is not surprising with such growth, not only in the last weeks but even months, to expect a good correction. With such events that drove this entire growth and that led to such an overbought...
USD/JPY Faces Downward Pressure The daily chart for the USD/JPY currency pair reveals a recent period of downward momentum. Following a peak in late March, the pair has experienced a noticeable decline, breaking below key moving averages. The price...
Moving averages are a popular tool in technical analysis, often used to smooth out price data and identify trends over different periods. When using 20-day and 50-day moving averages, you are typically looking to identify shorter-term and...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Dear Sir or Madam, I would like to update my technical analysis of NZD/USD. I will consider the outlook for price action in the NZD/USD market. NZD/USD is currently moving at 0.5948. According to...