Analyzing the dynamic pricing behavior of the USD/JPY currency pair on the M15 time frame during a typical trading day reveals fascinating insights into market movements and potential trading opportunities. This pair, influenced by economic data,...
GBP/USD Technical Analysis This week, the price trades within two channels, one of which is bearish, colored red and represents the price movement during the previous week, considered a bearish corrective movement. This means that we have a blue...
Hello all, The analysis suggests that XAUUSD could face a bearish trend in the near future. The immediate target for the bears is to push the price down to 2309, which was the low reached yesterday. There is an ascending support line nearby that...
The NZD/USD exchange rate currently stands at 0.6134, indicating a bearish trend in the market. This decline reflects a gradual weakening of the New Zealand dollar (NZD) relative to the US dollar (USD). The ongoing bearish trend in the NZD/USD...
In the early hours of trading on Wednesday, the euro retreated again, testing the 1.0680 level that has acted as support for several consecutive days and could return to 1.06, a support zone, if the euro falls below this threshold strong. This means...