The chart provided is an Elliott Wave Forecast for the EUR/NZD currency pair on a 240-minute (4-hour) timeframe. The chart illustrates a bullish sequence based on Elliott Wave theory, indicating potential future price movements. Here is a detailed...
At the beginning of this month, the price attempted to reverse the market trend by moving towards a bearish direction. However, the market conditions on the daily timeframe indicated that buyers were still in control, prompting the market to attempt...
In the past month, the NZD/USD currency pair has shown significant bearish tendencies, with sellers making a concerted effort to dominate the market. The price has been pushed down to the 0.6094 area, which marks a notable shift from the preceding...
GBP/USD/H4 GBP/USD is again facing limited selling pressure after new data suggested a possible calm in the labor market, which has given investors relief that the Bank of England will begin cutting interest rates later this year and could start...
The NZD/USD currency pair has experienced significant volatility in recent trading sessions, reflecting a tumultuous market environment. The week began with a notable upward movement on Wednesday, creating a sense of optimism among traders and...