I observed that the pair was trading within an expanding triangle pattern, and I noticed a significant volume growth during this period. Initially, I thought the pair was bringing in volumes to sell, but when it rolled back, I saw that buying limits...
The US dollar has experienced a remarkable decrease against Japanese once again, largely due to renewed efforts of Japan to combat inflation. This development has raised an important question: will market participants continue to favor Yen, or is it...
Gold H1 chart: Gold is in an uptrend and is currently trading around 2898. With no significant economic news from the US Treasury today, the markets are driven by technical and current dynamics. Gold is testing the 2900 resistance, which is a...
Date: 17th February 2025. The AUD Surges as Foreign Buyer Ban Hits Rate Cuts Nears! The Euro is the day's worst-performing currency and may face further pressure this week amid scrutiny over the German elections. For this reason, the EURAUD...
NZDUSD currency pair - let’s look at the D1 period chart. What can be seen here from beginning the current February? The price made a dip downwards, with a price gap, and updated the minimum of the previous January. A bullish divergence formed on...