NZD/USD Analysis: Bearish Pressure Amidst Strong US Dollar Overview The NZD/USD currency pair faced selling pressure during the European session on Friday, with prices dropping below 0.5585. This downward movement can be attributed to several...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis; the market price is between 195.72 resistance and 192.15 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
The NZD/USD pair experienced selling pressure during European morning trading on Friday, with prices dipping below 0.5585. This downward movement can be attributed to several key factors, primarily the strength of the US dollar. The US Dollar Index...
I believe the chart represents a dynamic market with significant price fluctuations within a defined range. The price oscillates between approximately 94,000 and 101,000, showing clear levels of support and resistance. The green line around 94,000...
On the four hourly chart of the USD/CAD currency pair, I observe the local upward trend continuing its protracted development. I anticipate that, following this, a significant southern correction in the asset should begin, potentially reaching at...
