GBP/USD technical outlook: The trading session commenced in a support area, where the price was propped up by the channel lines. The price has now advanced to the first resistance area, encountering opposition from both the weekly pivot level and...
* GBPUSD: Bearish below the level of 1.2770, targeting the levels of 1.2670, 1.2600 and 1.2560 * Bullish prospects above the level of 1.2770 with potential targets at 1.2830, 1.2890 and 1.2930 ...
NZD/USD outlook: The price is trading within a broken channel retest pattern, indicating a continuation of the downward trend. This month, the price started trading inside a rising red channel, representing the previous month's movement. Initially,...
Daily Four-Hour Chart Analysis in Forex Trading Introduction to Forex Chart Analysis Forex trading involves analyzing currency price movements to make informed trading decisions. Among the numerous tools and techniques, chart analysis stands out as...
The USD/CHF currency pair ended the trading week at a price value of 0.8970, and the franc jumped so high in the north direction due to the news background, which came out in a positive green color for the dollar. This concerns the change in the...