General Points of EURNZD: Last time, the trend in the EURNZD market favored the buyers. Additionally, the RBNZ data strengthened the buyers' position. We can see that the EURNZD market closed at 1.8056 on the weekly chart, a level that serves as...
The exchange rate between the euro (EUR) and the British pound (GBP) represents one of the most significant currency pairs globally, reflecting the economic relationship between the Eurozone and the United Kingdom. As both economies are highly...
Price Action Price action in forex trading refers to analyzing historical price movements to make trading decisions. Rather than relying on indicators or complex algorithms, price action traders study charts to understand price trends, reversals,...
Candlestick Strategies Candlestick strategies are essential for traders, as they provide insights into potential market reversals, continuations, and trends. Here are some popular candlestick patterns and strategies used in Forex and stock...
Usdjpy Daily Time Frame Technical Analysis: The USDJPY pair has been showing strong upward momentum, supported by the MACD indicator, which is currently in the upper zone, but is now slowly falling below its signal line. This suggests that the...
