The NZD/USD currency pair has been locked in a tense battle between buyers and sellers. After falling to 0.6115, the pair bounced back and is currently hovering around its 20-day moving average at 0.6140. Neither side has been able to decisively...
USD-CAD PAIR FORECAST The bullish USDCAD pair is proof that the USD exchange rate is strengthening again and that there is still a lot of demand in the world of international trade. So if someone says that BRICS will threaten USD hegemony, I still...
What is Pivot point in Forex Trading? Detailed Calculation of Pivot Points Pivot points are derived from the previous day's high, low, and closing prices. Here's a step-by-step breakdown of their calculationivot Point (P)=High+Low+Close3P =...
Today, we will conduct an in-depth analysis of the price movements of the GBP/USD currency pair. Observations from yesterday's daily candle on Friday indicate that the price reached the lower limit of the three-line Bollinger Bands indicator. This...
Technical Reference: buy as long as it is above 1.27205 Resistance 1: 1.27745 Resistance 2: 1.27855 Support 1: 1.27205 Support 2: 1.27065 GBPUSD was able to rebound from the weekly low level to break out the bearish channel , the potential increase...