In my analysis of the AUD/USD pair, I observe that the beginning of a decline has been established, suggesting that the downward trend may continue. On the hourly time frame, I note the formation of a bearish "Death Cross" pattern, where the MA75...
The price is currently positioned below the daily pivot point of 188.87. Additionally, the short-term moving average (MA) is situated below the long-term MA, indicating a bearish trend. The price is fluctuating between these two moving averages,...
The EUR/JPY currency pair experienced an upward trend in early European trading on Wednesday, reaching approximately 156.95. This increase was primarily driven by growing optimism surrounding potential fiscal stimulus in Germany, which provided a...
EURUSD Market Outlook Wednesday, February 26, 2025 Good afternoon fellow forex traders. I am very sure that all fellow members are ready to continue their routine activities. Wednesday is the last day of the midweek trading session, let's make good...
Generaal Points about NZDUSD: Last night, the NZD/USD market reached the 0.5711 level, reflecting recent volatility in the pair. Today, New Zealand’s Dollar gained some support from the CPI rate, which provided a temporary boost for buyers. A higher...
