TRADING CHART ON EUR/JPY H1. The EUR JPY currency pair's price has experienced a downward correction, reaching around the 78.6% Fibonacci retracement level of 162.22. This correction has been deemed successful, as the price has immediately bounced...
The NZD/USD pair has reached its lowest level in seven weeks, dropping to 0.6091, as the sell-off that began on October 1 continues to intensify. The weakness of the New Zealand dollar is primarily attributed to the recent decision by the Reserve...
USD/CHF Outlook Analysis On the USD/CHF H4 time frame chart, we can observe that the currency pair is currently trading at the 0.8570 level. The recent price action suggests that the overall market trend is decisively bearish, indicating a sustained...
Analysis of Trades and Tips for Trading the Euro The test of the 1.0946 price level coincided with the moment when the MACD indicator began its upward movement from the zero line. This appeared to confirm the right entry point for buying euros....
Understanding USD/JPY Prices The USD/JPY currency pair's price movements and the analysis surrounding it will be our topic of discussion. We have now reached the highs of August. Correcting at least one or two pips seems reasonable, given these two...