TRADING UPDATES The price action of the EURUSD pair has repeatedly tried to rise, but has not been consistent. There was even a close crossover between the EMA 50 and SMA 200 that could have given rise to a golden cross signal. However, the...
EUR/USD Pair Analysis: The EUR/USD pair has faced challenges in sustaining levels above 1.0749-1.0694 recently, indicating a bearish bias influenced by stochastic negativity. Stochastic analysis, which measures momentum in trading, has shown signs...
USD/CAD Analysis Based on a detailed analysis, the USD/CAD currency pair's price fluctuations are influenced by various technical indicators and chart patterns. On the weekly chart, the upper channel limit emerges as a crucial reference point. The...
In yesterday's trading session, the USD/CHF currency pair witnessed an attempt by buyers to initiate a corrective movement towards higher prices. However, their efforts fell short of reaching the previous day's peak, leading to a reversal that...
NZDUSD ANALYSIS In yesterday's Asian session, nzdusd had already risen quite high. The candle was able to move from the 0.6066 area to 0.6101. This means that if calculated, nzdusd has risen about 35 pips. But, unfortunately when entering the...