As of March 13, 2025, the EUR/JPY currency pair is trading around 161.00, reflecting a dynamic interplay between the Eurozone's economic resilience and Japan's evolving monetary stance. Recent market movements have been influenced by global trade...
I began my analysis of USD/CAD this morning by focusing on the hourly timeframe, where I observed a prolonged consolidation phase. I noted that the price tested the 200-period moving average (MA) from below, which initially led me to anticipate a...
NZDUSD currency pair - let’s consider the D1 period chart. After the last growth wave updated the previous one’s maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it. It is only...
In Forex trading, recognizing chart patterns can help traders anticipate potential market movements. Here are three top chart patterns that traders commonly. This pattern signals a potential trend reversal. It consists of three peaks: a higher...
EURGBP TECHNIAL OUTLOOK The EURGBP pair is currently trading at 0.82260, hovering above a crucial support level at 0.82050. The overall major trend remains bullish, reflecting the longer-term market sentiment. However, the minor trend is currently...
