T E C H N I C A L _ A N A L Y S I S N Z D / U S D Good morning and best wishes to all of us. NZD/USD is trading at 0.5736 at the time of writing. If you look at the history of yesterday's market movements, it seems that sellers are starting to...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Today I want to share a new analysis. Overall, the market price of EUR/USD is floating in the 1.0459 area. The US dollar index aims to surpass the immediate resistance at 106.70. Look what I told you...
Technical Analysis of EURUSD The EURUSD pair closed at 1.04592, reflecting a cautious market sentiment amid mixed economic signals. The currency pair is currently trading within a defined range, with immediate resistance at 1.05065 and support at...
Piercing line Candlestick Chart Pattern The Piercing Line is a bullish candlestick reversal pattern that appears after a downtrend and signals a potential shift in momentum from bearish to bullish. It consists of two candles: Characteristics of the...
I am currently analyzing the US dollar/Swiss franc (USD/CHF) pair on the four-hour chart, and I see that there was an opportunity to enter a sell position at 0.90506. However, I chose not to take the risk at that moment because I anticipated that...
