Currency pair GBPJPY - chart D1. The wave structure here is descending. After the last wave of decline updated the minimum of the previous one at the beginning February, the third wave went down. The MACD indicator is in the lower sales zone and...
Bullish Scenario: If the price reaches the demand zone and shows signs of a bullish reversal, such as a pin bar or engulfing pattern, this could be a strong signal to enter a long position. A successful bounce could see the EURCAD move back towards...
The Kiwi pair faces significant downside risks as the US Dollar (USD) continues to strengthen, supported by the Federal Reserve's hawkish stance for 2025. The US Dollar Index (DXY), a key gauge of USD strength against six major currencies, remains...
EUR/USD Analysis: A Shift to Downward Trend Introduction Hello, Alexey! I hope you’re having a great day. In this analysis, we will review the recent performance of the EUR/USD currency pair and the implications of the US dollar's strengthening...
March 1, 2025 The USD/CAD pair is edging lower but holds onto Thursday’s gains around 1.4454 in North American trading hours on Friday. The Loonie pair ticks lower after the release of the United States (US) Personal Consumption Expenditure Price...
