The GBP/USD currency pair, commonly referred to as "Cable," is currently trading at 1.2682. This price level reflects a bearish trend, indicating that the British pound is weakening against the US dollar. While the market has been moving slowly,...
The NZD/USD currency pair has exhibited a pronounced bearish tendency in the past month, with sellers asserting their dominance over the market. The price has been pushed down to the 0.6094 level, marking a notable shift from the preceding weeks...
USDJPY The USD/JPY pair ended last Friday at 157.38, marking a significant movement on the H4 chart. This weekend break offers a moment to analyze last week's price action and prepare for the upcoming trading sessions. Key Levels and Market...
What Is the Envelopes Indicator? The envelopes indicator is a technical analysis tool used in financial markets. It analyses price movements to identify potential trading opportunities. It consists of two main lines plotted above and below a...
EUR/JPY H1 The EUR/JPY currency pair has been stuck in a narrow trading range between 168 and 170 for over a month. This period of consolidation has seen a decline in buying interest, while selling pressure has started to mount. Sellers seem to be...