I began my analysis of USD/CAD this morning by focusing on the hourly timeframe, where I observed a prolonged consolidation phase. I noted that the price tested the 200-period moving average (MA) from below, which initially led me to anticipate a...
Analysis chart EUR /USD but the Fed meeting and rate decision are next week. Therefore, the Fed will have to rely on current data. Today, data on the producer price index will be released. Yesterday, traders failed to squeeze anything out of the...
USDJPY Technical Analysis USDJPY is currently trading in a consolidation phase after a strong uptrend. The price is holding above the 150-period moving average, confirming that the overall trend remains bullish. However, the recent rising wedge...
For the attention of traders and analysts, I present my analysis of the daily chart for the NZD/USD currency pair. Over the past two months, I have observed that the instrument has been forming a predictable upward trend, which provides a clear...
USD/CHF As of today, USD/CHF is trading around 0.8823, showing some bullish momentum. Technical Analysis: From what I’m seeing, the technical indicators are leaning towards a buy. Moving averages show 9 buy signals vs. 3 sell signals, and even the...
