The chart represents the NZD/USD currency pair in the H1 timeframe. The price movement is accompanied by Bollinger Bands and a Stochastic Oscillator (5,3,3) to assess volatility and momentum. The recent price action suggests a bearish trend as the...
The AUDUSD market pair traded last Friday is still in a bearish state after the seller was able to maintain its bearish dominance by keeping the price moving down away from the seller's resistance area at 0.6236-0.6235 with the buyer's failure to...
USD/CAD Trend Direction Waves: The USDCAD currency pair is experiencing a strong upward trend, with the current trading value on the Ichimoku Cloud indicating significant momentum. The market is producing increasingly higher peaks and lower troughs,...
The US CB Consumer Confidence and Richmond Manufacturing Index report scheduled for release later today, will play a vital role in shaping XAU/USD movements. If these reports indicate economic strength and improved consumer sentiment, the USD may...
USD/CAD Trend Direction Waves: The USDCAD pair shows a strong uptrend, and the current trading price on the Ichimoku Cloud shows strong momentum. The market is making higher highs and lower lows, which confirms the continuation of the uptrend. The...
