During European trading hours on Wednesday, the EUR/USD currency pair is trading within a tight range around 1.0450, as market participants await a clear breakout. The 50-day Exponential Moving Average (EMA) continues to provide robust support for...
TRADING CHART ON NZD/JPY H4. The New Zealand dollar is expected to drop in value because the Reserve Bank of New Zealand lowered interest rates. This decrease, from 4.25% to 3.75%, might cause the NZD/JPY exchange rate to decline. This fits with the...
AUD/ USD: Navigating the Forex Landscape Our main discussion point is the present condition of the AUD/ USD currency pair's price behaviour analysis. Today I expect a breakout of this resistance level and further growth of the currency pair to the...
BTC/USD - 19th February Analysis: Calm persists in the cryptocurrency market The 4 -hour wave structure of the BTC/USD seems to be clear and well defined. After an extended and complex correctional wave of A-B-D-D-E, which was formed from 14 March...
# AUD/USD The market responded with a slight weakness to the Australian dollar, after the Reserve Bank of Australia cut the refinancing rate by 25 basis points to 4.10%, from 4.35%. But after the downward pullback, the price recovered, forming a...
