Market Overview The chart displays the GBP/NZD currency pair on a 30-minute timeframe (M30). The current price action is situated at 2.33707, reflecting a period of consolidation after a significant bullish rally. The price is currently trading in a...
Gold (XAU/USD) reverses from previous intraday gains to move to the downside on Friday, despite being unable to make use of the small drop in the greenback amid growing probability of another rate hike by the Federal Reserve (Fed), which is weighing...
On the 15-minute gold chart, the near-term tone is corrective and bearish inside a wild range. Bullion earlier surged to 4,310–4,315, then met aggressive offers and tumbled to 4,255. Buyers tried to repair the drop, yet upside attempts failed near...
Daily Bias Guide: Understanding Candle Structure 1. Purpose of Daily Bias The daily bias helps traders determine whether the market environment is more suitable for looking for bullish setups, bearish setups, or staying out of the market. The chart...
NZDUSD IN H3 TIME FRAME OUTLOOK According to my analysis on NZDUSD H3 timeframe, the market is showing a complex structure where a deep bearish leg has been completed and price is now attempting to retrace back towards a major higher timeframe...
