The EUR/JPY exchange rate has been on an upward trajectory, with a strong bullish candlestick formation observed yesterday. This candlestick not only settled above the previous daily high of 170.322 but also surpassed a key resistance level. Given...
The NZD/USD currency pair, currently trading at 0.6112, has shown a bearish trend recently. This suggests a prevailing sentiment of NZD weakness or USD strength in the market. Despite the current slow movement, I believe there are factors that could...
EUR/JPY daily H1 timeframe chart Greetings. The current market analysis fully endorses the sell signal. This alignment occurs because it adheres to the established for initiating a short position. Specifically, the indicator's curve is trending...
GBP/USD daily H1 timeframe chart Greetings. Today the British pound showed a pleasing performance as the quotes managed to rise, achieving my targets. The GBP/USD pair ascended to the middle boundary of the current trading range on the chart. After...
The NZD/USD (New Zealand Dollar/US Dollar) currency pair is currently trading at 0.6106, and the prevailing trend appears bearish. This situation signifies that the New Zealand dollar is weakening against the US dollar. A bearish trend typically...