Technical Analysis of New Zealand Dollar/US Dollar NZD just reached a high below 0.6303 last trading week and started to correct down. The price met resistance at 0.6303 and started a sharp decline, reaching the signal level of 0.6198, where it...
USD/JPY ANALYSIS Today we will consider the daily chart of the USDJPY currency pair. The wave structure is currently built in a descending order, the MACD indicator is in the lower sales zone. After the minimum of last August was updated this week,...
AUD/USD MARKET ANALYSIS SEPTEMBER 13, 2024 From the structure of the characteristics of the candlestick movement that occurs in the AUDUSD currency pair using a chart on the daily timeframe, it can be seen that the price movement last night was...
**USD/JPY Market Analysis** At present, the USD/JPY currency pair is trading around the 144.53 level, and the prevailing trend is bearish. This suggests that the market is currently experiencing a slow-moving phase, potentially characterized by...
GOLD It turns out that you and I are brothers in misfortune when trading GOLD. Yesterday I also recorded a decent minus on gold and also precisely on the stop-loss. It seems that we can really be glad that a piece of the "tail" was cut off like...