In Forex trading, recognizing chart patterns can help traders anticipate potential market movements. Here are three top chart patterns that traders commonly. This pattern signals a potential trend reversal. It consists of three peaks: a higher...
I observe that the NZD/USD pair has shown notable upward momentum recently, aligning with key levels established since late January. I note that the price remains above the senior moving average, currently positioned at 0.5825, which reinforces my...
Technical analysis of GBPNZD Today I picked GBP/NZD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 2.2560, the...
Several ECB officials remain comfortable with the outlook for three additional rate cuts this year, following a 25 basis point reduction to 2.75% last month. ECB policymaker Fabio Panetta highlighted that economic weakness in the Eurozone is proving...
EUR/USD slips out of 5 months RSI and MACD decrease in the reached territories. EUR/USD retreats after it has gained more than 5%since February 28, sending a market to a new five -month maximum to 1.0945. Technical oscillators also currently support...
