The GBP/NZD currency pair in the H1 timeframe is currently exhibiting signs of bearish momentum after failing to maintain its previous upward movement. The price is trading around 2.1960, fluctuating near a key support/resistance level. Bollinger...
Technical Analysis of XAUUSD (Gold) XAUUSD is currently trading at 2925, showing strong bullish momentum. reflecting a consolidation phase within a defined range. The immediate support level is identified at 2921, while resistance is positioned at...
In my analysis of the current market situation, I observe that the linear regression channel on the 15-minute chart is trending upward, which suggests a buyer-dominated market. However, I also notice that the bears are actively pushing the price...
The USD/CHF pair is showing signs of recovery, trading around 0.8985 during the early European session on Friday, as the US Dollar (USD) experiences a modest rebound. This movement comes ahead of critical economic data releases and speeches from...
Important Points about EUR/USD: You can call today a Flash News Events Day because the German and French Flash Manufacturing and Services PMI rates will be released. These reports provide crucial insights into the economic health of two of the...
