The four-hour linear regression channel is showing an upward trajectory, indicating a strong buying presence in the market and potential room for further gains. Given the risks associated with trading against the prevailing trend, I will exercise...
NZD/USD Technical Analysis (16-7-2024): The pair will move downward according to the hourly, H4, and daily technical outlooks. You can open a sell trade between the 0.6095 and 0.6081 levels. If the price breaks the 0.6108 level to the upside? It...
USD/CAD Technical Analysis (16-7-2024): According to the price action, the pair will move upward today. You can open buy orders between the 1.3670 and 1.3660 levels. If the price breaks the 1.3630 level to the downside? It will invalidate this...
USD/JPY pair has exhibited significant volatility, particularly notable on the H4 chart. Last Friday, the price saw a decline from the upper boundary around 161.95, signaling a potential reversal. This movement has stirred considerable interest...
### EUR/USD Analysis: Current Consolidation Phase and Market Outlook The EUR/USD pair is currently experiencing a consolidation phase, trading within a narrow range largely influenced by light holiday trading and reduced market activity. This...