Gold Short-Term Analysis: In the Tokyo session, the gold price (XAU/USD) is a little away from regaining the critical resistance level of $4344.38. After sensing buying demand around $4334.38, the precious metal slowly recovered as the US Dollar...
NZDUSD H1 Chart Analysis: New Zealand dollars to US dollars is known as NZD/USD. A detailed examination of the currency pair/instrument's current chart on the H1 period reveals a favorable market environment for downward trade. You must meet a...
# NZD/USD Technical Analysis: Kiwi Dollar Navigates Pivotal Demand Zone Near 0.57373 on H4 Timeframe. The NZD/USD currency pair is currently undergoing an intense period of technical consolidation on the 4-hour (H4) chart, trading right around the...
Understanding Breakout Types in Price Action 1. Lower Highs + Support Breakdown The first setup shows a market creating a series of lower highs while repeatedly respecting a horizontal support level. Each lower high indicates that sellers are...
Based on the provided EUR/USD H1 chart, the pair is in a bearish correction phase after a sharp drop earlier in the week. The price spiked down to a low near 1.1450 (September 16th), then recovered to a high of 1.1500 (September 18th), and has since...
