NZDUSD currency pair - let’s consider the chart of the D1 period. This pair has almost a mirror image of the Australian dollar. The wave structure here is still building its order downwards. The MACD indicator is in the lower sales zone. Among other...
The Euro initially showed some upward momentum during Thursday's trading session, but failed to sustain those gains and eventually retreated, showing continued signs of weakness. As the market struggles with further movement, the 50-day EMA remains...
USD-CAD PAIR FORECAST I tried to see the potential movement on a smaller timeframe in this case using the H1 chart. It can be seen that the price movement for one week in a row represented by a more dominant candlestick arrangement is bearish. ...
XAU/USD The XAU/USD (Gold to US Dollar) hourly chart highlights the dynamic nature of gold’s charge action, reflecting its function as a secure haven asset and hedge in opposition to monetary uncertainty. The fee motion found simply depicts market...
USD/JPY The USD/JPY market is trading in a downtrend today. The USD/JPY market reached an intraday high of 156.77 but failed to sustain the gains and is currently trading at 155.89. The USD/JPY market encountered strong resistance at 156.50 and...
