The EUR/JPY currency pair experienced a decline during the Asian trading session on Tuesday. The Japanese Yen (JPY) strengthened due to increased geopolitical tensions and speculation about potential Japanese government intervention in the foreign...
The chart shows a period of price consolidation followed by a directional move. Initially, the market displayed a sideways trend with fluctuating highs and lows, indicating indecision among traders. However, the red line, which represents the...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D I would explain recent price movements in the NZD/USD market. From a technical standpoint, NZD/USD is trading at 0.5875 at the time of writing. In the long term, NZD/USD is bearish now, while at the...
The price attempted to rise but was hindered by the obstacle of the EMA 200 H1, which was parallel to the EMA 633 H1 during the Asian session. However, the oversold market condition provided buyers with another opportunity. The price moved up from...
Understanding the EUR/USD Bearish Trend The EUR/USD currency pair represents the exchange rate between the Euro and the US Dollar and reflects a critical focus of traders. The H4 timeframe chart for the mentioned pair was constructed recently and...
