The NZD/USD chart presented reveals a clear downtrend over the observed period, highlighted by the price's consistent failure to break above key resistance levels. The use of moving averages, likely depicted by the red and green lines, confirms the...
The NZD/USD currency pair is facing significant challenges as reflected in its recent movements on the 4-hour chart. After bouncing off the critical long-term support zone between $0.55 and $0.56, the pair climbed to test resistance at the upper...
I am analyzing the Australian dollar/US dollar pair on the 4-hour chart. I see that the pair was trading within a gray range, and I noticed a volume for purchase near the lower boundaries. I assumed at that time that the pair would return to the...
PAIR REVIEW USDJPY Hello! #USD/JPY H4 US Dollar - Japanese Yen. Forecasting and analyzing the instrument/currency pair using token Ashi candlesticks and TMA and RSI indicators shows that, at the moment, there is an opportunity to exchange plan...
The EUR/GBP hourly chart illustrates a market that transitioned from a downtrend to a period of consolidation, followed by a sharp breakout to the upside. Observing the price action, the initial bearish trend between December 13 and December 19 was...
