NZD/USD Forum Analysis, Forecast 01 September 2024 It's been two days, Thursday and Friday, the nzdusd movement has started to decline. The beginning of the nzdusd decline was when the candle touched the 0.6298 area. After I checked again, that...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...
Crude Oil (#CL) Technical Analysis Crude oil has been under significant bearish pressure since the end of July, consistently trading below the crucial moving averages: EMA50, EMA100, and EMA200. This trend highlights a strong downward momentum...
EUR To NZD (Euro To New Zealand Dollar) In recent weeks, the journey of the EurNzd market has been dominated by bearish movements and it is observed that sellers continue to respond to price declines and the 1.7850 area appears as a dynamic...
THE CURRENCY PAIR GBP-USD Have a nice day, and profitable trading to all forum members! I would like to share my vision of the trading situation for the instrument. To begin the technical analysis, I throw an indicator on the chart that...