GBP/USD DAILY MARKET ANALYSIS. Hi all friends, for this afternoon I will try to analyze the GBP/USD currency pair. The pattern that is formed right now is bearish as price divergence causes it against the stochastic indicator and I will try to see...
Price Action Insights: Silver We are currently engaged in the study of the Silver pricing movement analysis. A move to the bullish direction seems necessary, but consolidation is equally essential. If the price is above the descending trend line,...
The USD/CAD 4-hour chart shows a mixed price action scenario with the pair currently trading at around 1.3570. The chart reflects a prior bearish trend that led to a notable drop towards the 1.3400 region in mid-August, where the price found...
TRADING CHART ON NZD/JPY H4. The NZDJPY exchange rate's downward momentum failed to reach the support level (S1) of 85.85, stopping at a low of 86.24. The price then rebounded and consolidated around the pivot point (PP) of 87.11. Soon after,...
The currency pair experienced a decline of 0.31% during last Friday's trading session, closing near the 0.6800 mark. This drop can be attributed to the dovish stance of the Reserve Bank of New Zealand (RBNZ) and concerns over a potential decrease in...