The NZD/USD forex pair is currently at a critical juncture, with technical indicators and market sentiment suggesting a potential upward movement of 22 to 32 pips if key support levels remain intact. The primary reference point for this trade setup...
As I analyze the USD/JPY pair on the weekly timeframe, I observe that the past five-day trading period has been favorable for buyers. I note that the bullish momentum was not without its challenges, as the last candlestick, while having a bullish...
The EUR/NZD pair is currently experiencing downward pressure, with technical indicators aligning to suggest that this trend may persist. The RSI is hovering below the 30 level, signaling that the pair is either in a strong downward phase or...
The USDCAD pair moved down quite significantly from its highest price, where the movement at the beginning of last month had increased, but it turned out that after reaching the price level of 1.4791, the price movement reversed direction along with...
EUR/JPY remains at a crossroads, with its price oscillating between significant support and resistance levels. The key focal point for traders remains 159.19, which serves as a crucial determinant of future price action. If the pair sustains above...
