T E C H N I C A L _ A N A L Y S I S G B P / U S D Hello and Good Morning. Without wasting time we move on to our topic. First of all, we discuss the technical analysis of GBP/USD. GBP/USD is trading at 1.2941 at the time of writing. This time frame...
The Australian dollar strengthened strongly during the trading week, moving towards the 0.6650 level, a major resistance zone that has been tested and broken several times in recent years. If the currency manages to close above this level on the...
### H1 USD/JPY Analysis On the H1 chart of the USD/JPY currency pair, several technical indicators provide a comprehensive overview of the current market conditions: 1. **Moving Averages**: - **EMA 20 (Red)**: The price is hovering around the...
Bitcoin's Current Market Dynamics: Bullish or Bearish? Bitcoin's recent movements have been quite volatile, adding to the uncertainty in the market. Yesterday, Bitcoin surged to the $57,800 level before retracing to test the $59,900 resistance. This...
NZD/CAD: Navigating the Dynamics of the New Zealand Dollar and Canadian Dollar The NZD/CAD currency pair, representing the exchange rate between the New Zealand Dollar (NZD) and the Canadian Dollar (CAD), is a unique segment of the forex market that...