I am observing the hourly chart of the EURUSD currency pair, where I see that purchase targets have been formed. I note that the first target corresponds to the 161.8 level on the Fibonacci grid, which is at 1.0336. I see the second target aligns...
The EUR/USD hourly chart illustrates a period of relative instability, with the price moving within a defined range and experiencing occasional sharp drops. This behavior reflects a market that is currently indecisive, driven by both bullish and...
The EURCAD pair rebounded last week, creating a new demand area on the daily chart at a price range of 1.47762 to 1.46874. The current position is testing the dynamic resistance of the 200-period moving average, and if it breaks through, it has the...
The USD JPY currency pair experienced an upward movement after sellers failed to push the price below the 200-day simple moving average (SMA) in the previous bearish phase. The price found support near the 200-day SMA, and the strengthening of the...
TRADING CHART ON NZD/USD D1. The NZD/USD daily chart reflects a sustained bearish trend, with the price currently at 0.5577, hovering near a critical support level at 0.5570. Since mid-2023, the market has been forming a series of lower highs and...
