Technical analysis of EURUSD Today I will start technical analysis on EUR/USD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 1.1458 and above support...
After reviewing the GBP/USD chart, I see a potential opportunity for a bullish correction to develop. The pair recently declined toward the 38.2% Fibonacci retracement level near 1.3200, where it found support and started to rebound. Although this...
EURUSD 5-Minutes Analysis: I want to talk about the EUR/USD pair's present evaluation. Significant price movement is taking place in the euro around the crucial levels of 1.13541 and 1.13841. False breakouts are frequent in the market and should be...
USDJPY: The USD/JPY price is currently trading at 161.376. Last week, we may see resistance above the 100-day simple moving average at 162.276, which would cross the New Horizons bridge with an upside rebound at 71.3% Fibonacci retracement,...
Technical analysis of NZDUSD Today we will perform a technical analysis on NZD/USD. Currently is market breaks the support level The market also broke through the support level 0.5659, and now the support level is set as resistance, which will be...