NZD/JPY H_1 Hello everyone! Today, we will consider the prospects of the NZD/JPY currency pair based on technical analysis. We will pay special attention to resistance and support levels, volume and basement indicators. Let’s look at the chart: The...
Day trading is where you buy and sell financial instruments, like currencies, within a single day. You close your trades before the market closes, so you don't hold any positions overnight. It's like a day job, but instead of working for a boss,...
NZDUSD D1 Analysis Market Overview The NZDUSD pair is currently exhibiting a strong downtrend on the D1 timeframe. Price action has been consistently forming lower highs and lower lows, indicating a sustained downward momentum. Support and...
GBP/USD Technical analysis After returning to the monthly pivot level again the previous week, the price has traded within price channels with an upward direction and above the monthly pivot level this month. Initial resistance was at 1.2890,...
At the moment, we'll examine the key XAU/USD currency pair, as is customary. Currently, XAU/USD is trading at 2443.03. Analyzing the previous day's chart, we observe a robust bullish candle, suggesting the market remains in a strong uptrend. The...