The NZD/USD currency pair is showing strong indications of bullish momentum, with analysts forecasting a rise between 22 and 32 pips under the condition that certain technical thresholds are maintained. The primary focal point in this setup is the...
Gold (XAU/USD) Technical and Fundamental Analysis Technical Analysis On the 1-hour chart, Gold was in an uptrend, but the market broke the structure and switched to a sell-off. However, the price has yet to retest the broken structure, indicating a...
I am glad to hear that the NZD/USD trade has been going well. I have decided to close my long position after the price updated the previously formed high, even though I recognize that the price could continue to rise until the market closes. I feel...
The GBP/JPY currency pair exhibits a clear tendency towards a bearish trajectory, as evidenced by multiple technical indicators that collectively suggest an extended move to the downside. The Relative Strength Index (RSI), a crucial momentum...
Important Points about GBPCHF: The GBPCHF market has risen due to the negative Swiss CPI rate and had reached the 1.1333 level during the night. An upward movement indicates that market sentiment remains bullish, and there is still a strong...