On Wednesday, the NZD/USD currency pair recorded a modest increase of 0.30%, reaching a price level of 0.5615. This uptick occurred as the pair extended its gains above the 20-day Simple Moving Average (SMA). The movement above this moving average...
USD/JPY Technical Analysis and Forecast USD/JPY is trading in a strong uptrend, with the price hovering around 155.115. The market price is approaching a significant resistance level on the hourly chart: 155.30. A successful break above this level...
Technical Indicators Analysis 100 EMA (Exponential Moving Average): The 100 EMA is currently acting as a dynamic resistance level, which reinforces the prevailing downtrend in the market. This suggests that the price is struggling to rise above this...
EUR/USD Price Move Lookout The topic at hand is the price action analysis of the EUR/USD currency pair. The EUR/USD H4 chart, as we approach the market close this Friday, displays a bearish sentiment with the pair trading around 1.0380. The price...
