The USD/JPY H1 chart reflects recent price action characterized by a strong downward movement followed by a period of consolidation. Initially, the pair experienced a notable decline, breaking multiple support levels as sellers dominated the market....
BTC/USD - 19th February Analysis: Calm persists in the cryptocurrency market The 4 -hour wave structure of the BTC/USD seems to be clear and well defined. After an extended and complex correctional wave of A-B-D-D-E, which was formed from 14 March...
USDJPY H4 Forecast USD/JPY is trading near its weekly high, hovering between the 200-day EMA at 152.20 and key support at 151.50. The pair remains under pressure after falling below 154.30, and technical indicators continue to point to downside...
USD/CAD Price Forecast USD/CAD trades within a falling wedge pattern, a bullish formation that indicates a potential breakout to the upside. The pair could find immediate support around the falling wedge’s upper boundary at 1.4100. The immediate...
TRADING CHART ON NZD/JPY H4. The New Zealand dollar is expected to drop in value because the Reserve Bank of New Zealand lowered interest rates. This decrease, from 4.25% to 3.75%, might cause the NZD/JPY exchange rate to decline. This fits with the...
