USD/JPY Technical Analysis The USD/JPY pair is currently trending downwards in the 4-hour timeframe. The market has completed four waves but has failed to form a fifth wave. This shows that although the structure is bearish, the trend has not yet...
GOLD Gold XAUUSD (D1) is trading above the daily opening level of 2744.00 and above the daily Pivot level of 2731.00. The main indicators are pointing north and the price is above the MA72 trend line, where volume unloading usually occurs. The...
NZD/USD For today's technical analysis, I've chosen NZD/USD. In H1, NZD/USD trades in an up-trend channel market. After touching the resistance level of 0.5760, the price is falling downward, and the upper part of the channel is currently downward....
The latest economic data from the US has drawn significant attention in the forex markets, particularly among traders monitoring the USD and its major counterparts. The US Census Bureau reported a 0.8% decline in Durable Goods Orders, slightly...
USD-CHF PAIR ANALYSIS In terms of the fundamental news release for this Wednesday, there is only one fundamental data release only for the United States with its USD, while for its opponent, namely Switzerland with its CHF, today there is not a...
