EUR/JPY currency pair analysis: The EUR/JPY currency pair experienced a significant decline yesterday, dropping below the 174.20 mark. This movement signaled its capitulation to a corrective phase, marking a notable shift in its recent trading...
Overview of the NZD-USD pair The NZD/USD price started trading higher yesterday, reducing the chances of regaining this bullish bias. Looking at the Shift Dynamics tab, we find that the price is holding steady above the key level of 0.6148-0.6163....
The euro has shown some positive momentum in trading this week, largely influenced by comments from Jerome Powell and the European Central Bank (ECB) stance. Powell's proposal that the U.S. economy could be heading in the right direction led to...
The USD/CHF currency pair, which represents the exchange rate between the US Dollar (USD) and the Swiss Franc (CHF), currently stands at 0.8963. This level suggests a bearish trend, indicating that the USD is weakening against the CHF. Market trends...
USD/CAD currency pair analysis: The USD/CAD currency pair is experiencing a downward trend. Early last week, a very long pin bar formed on the chart, which often signals potential reversals or significant levels of support and resistance. Throughout...