Pivot Points Pivot points are a popular technical analysis tool used in forex trading to determine potential support and resistance levels based on the previous period's price action. These levels can help traders identify potential entry and exit...
AUDUSD TECHNICAL ANALYSIS The AUDUSD market situation is starting to show signs of buyers again pushing the AUDUSD price up, what I observe is that pressure from buyers is starting to appear because the AUDUSD price position is around the 100 EMA...
•••GBP/USD Market Outlook: Navigating Dollar Strength and UK Economic Challenges (January 17, 2025)••• ••U.S. Dollar Stays Resilient as Economic Data Holds Strong • GBP/USD is feeling the weight of the U.S. dollar’s consistent strength today. Strong...
Gold Market Sentiment and US Dollar Impact Gold prices are trending higher today, driven by technical levels and the dollar. They have reached a low of 2709, a high of 2717, and are trading at 2714. Although gold is trying to break the critical...
NZD/USD H-4 Time Frame Technical Analysis The NZD/USD pair is currently trading around the 0.5600 level, with downward pressure suggesting that the pair could fall further. Support: The first major support level is located at 0.5600, a psychological...
