Analysis of GBP/USD In the past week, the GBP/USD currency pair has experienced significant upward pressure from buyers. This extreme buying pressure has resulted in the formation of a weekly candle that is notably long, far exceeding the typical...
General Points about GBPNZD: The GBPNZD market has been showing a strong buying trend recently, which is an important point to consider. Market structure and technical indicators suggest that the market will now move in favor of sellers. Several...
The NZDCAD currency pair appears to have potential for an upward movement, targeting the resistance area at 0.82500. This outlook seems promising, especially considering that, on the H4 timeframe, the stochastic indicator has entered the oversold...
I hope you are all doing well. It seems like I've been a bit absent lately, and I wanted to reach out to my fellow traders, especially you, Nikolai. Where have you been? Everything okay on your end? I miss our discussions on the forum; it’s...
The chart represents the USD/CAD currency pair on the hourly timeframe. Initially, the price moves within a relatively stable range, with Bollinger Bands staying narrow, indicating low volatility. However, as the trend develops, a bearish move is...