NZD/USD/H1 Jump and Drop The NZD/USD exchange rate saw a rise on Wednesday, followed by a rapid decline. This kind of fluctuation indicates instability in the market. Today Stabilization On Thursday, the market calmed down due to the release of US...
The bullish and bearish breakaway candlestick patterns are key reversal indicators in technical analysis, suggesting potential trend changes in the market. Bullish Breakaway Pattern This five-candle formation indicates a possible reversal from a...
USD/JPY tests intervention level, buyers may look for a new high above 160. The dollar was again in the intervention zone against the yen during the European session on Wednesday (June 26), hovering just below 160. It was reported at 159.958/68...
The USD/CHF pair is currently trading around 0.8962, and the prevailing trend appears bearish. This suggests that market activity is subdued, potentially building towards a significant movement in the near future. Traders and analysts often observe...
The EUR/USD exchange rate, currently at 1.0691, is experiencing a bearish trend. This suggests that the euro is weakening against the dollar, which can be attributed to several macroeconomic factors, including differences in economic performance,...