The NZD/USD pair experienced a modest decline on Monday, dropping to 0.5640 as selling pressure continued to dominate the market. Despite earlier efforts to maintain its position above the 20-day Simple Moving Average (SMA), the pair remains under...
The GBP/USD H1 chart presents an interesting structure, reflecting a period of volatility followed by a slight contraction. The Bollinger Bands indicate that the price has recently moved from a strong uptrend into a phase of consolidation, where the...
I begin my analysis of the USD/JPY currency pair by focusing on its recent price action, particularly its interaction with key resistance and support levels. I observe that the pair initially rose strongly, reaching its target near 152.60 before...
The provided chart represents the H4 timeframe for GOLD, showing a strong bullish trend with a notable price increase. The price is currently trading near the 2919.33 level, which is a key resistance point, while the red moving average line suggests...
Hello, Elena. Buyers apparently gathered their strength over the weekend and today they were able to reach the level of 2900. They have not managed to consolidate right away, but if there is another attempt at growth and it is successful, then the...
