Technical analysis of GBPNZD Today I picked GBP/NZD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 2.2560, the...
Top Ten Forex Trading Strategies for Consistent Profitability In the world of forex trading, strategies play a crucial role in determining success. Traders who adopt well-defined strategies are better equipped to manage risks, spot opportunities,...
EUR/USD Technical Analysis and Forecast H1 Chart: The EUR/USD market shows signs of a slight recovery after falling to 1.08234 today. The EUR/USD market trades at 1.08636, slightly recovering from the daily low. When the price fluctuates around this...
USD/JPY USD/JPY Slides to Near 148.00 Amid Divergent BoJ Fed Expectations USD/JPY drops to 148.00 in Thursday's Asian session. A cautious risk tone and concerns regarding a global trade war keep the Japanese Yen anchored, pulling the pair down. The...
In Forex trading, recognizing chart patterns can help traders anticipate potential market movements. Here are three top chart patterns that traders commonly. This pattern signals a potential trend reversal. It consists of three peaks: a higher...