NZD/USD Current Technical Analysis Overview The NZD/USD pair is currently under bearish pressure, making short positions more attractive. There are two significant support levels that traders should pay attention to: First Order Support Level:...
Technical analysis is one of the most important tools in any trader’s arsenal and can help predict the direction and even level at which a price will move, trend changes, and much more. By definition, it’s a discipline that involves using a variety...
Good morning fellow Investsocial traders, In analyzing the EURJPY pair, it is evident that the prevailing trend remains bullish. This trend is continuing into this week, as the price consistently stays above the mid Bollinger Band (BB) on the H4...
PK-HERO TRADING JOURNAL UPDATE TUESDAY, 06 AUGUST, 2024. I will try to discuss the movement of Gold, the previous day Gold had moved down approximately 9300 pips from its highest peak yesterday, the price actually moved up but failed to penetrate...
### Market Overview: USD/JPY Pair The USD/JPY currency pair exhibited a notable upward movement recently, influenced by a combination of dovish comments from the Federal Reserve and weak economic data from Japan. These factors contributed to the...