The EUR/USD H1 chart shows a market that has experienced significant fluctuations, with a recent tendency towards a pullback. The Bollinger Bands reveal an expansion phase followed by a contraction, indicating a period of increased volatility that...
The NZD/USD pair experienced a modest decline on Monday, dropping to 0.5640 as selling pressure continued to dominate the market. Despite earlier efforts to maintain its position above the 20-day Simple Moving Average (SMA), the pair remains under...
The GBP/USD H1 chart presents an interesting structure, reflecting a period of volatility followed by a slight contraction. The Bollinger Bands indicate that the price has recently moved from a strong uptrend into a phase of consolidation, where the...
I am closely monitoring the price movement of the Australian-Canadian pair and anticipate a continuation of the downward trend from the resistance zone of 0.89710-0.90472. However, based on my experience, price movements rarely follow a single...
The EUR/GBP pair experienced a slight upward movement on Monday, climbing to 0.8330, but the overall trend remains bearish as the pair continues to struggle below the 100-day Simple Moving Average (SMA). This key technical level has acted as a...