General Points about NZDUSD: So far, NZDUSD buyers have recovered up to 60 pips of their losses because the market had dropped to the 0.5656 level on Friday. The significant level acted as a temporary support, allowing buyers to step in and push the...
GBP/USD has remained in a well-defined downtrend, with 1.2425 acting as a significant resistance level that has repeatedly halted bullish attempts. As long as the price remains below this critical level, the risk of further downside pressure remains...
GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...
GOLD So they should not scare anyone, these are technical indicators from which we draw a conclusion. These are not conditions for entering a sale, the accumulation of levels shows that the zone is strong there, they can give a rebound and a...
EUR/USD Price Recap Current Market Situation The H1 chart for EUR/USD is currently displaying an interesting scenario. The price is trading between a support level at 1.0310 and a resistance level at 1.0380, indicating that the market may be...