The following situation is currently observed for the NZD/ USD currency pair. The order book shows a predominance of buyers. Overall, I believe that this currency pair has good potential for a downward movement. This is confirmed by the accumulation...
GBP/USD GBP/USD has fallen by 80 points today and this has brought the pair to the 14.6% Fibonacci retracement level. Another internal pattern has appeared, which means a target at the 61.8% Fibonacci retracement level. This means that now the pair...
I anticipate a potential return to the current strong level at 156.000, followed by a move higher toward 161.000 or beyond. I consider this upward trajectory to be quite expected based on the current market conditions. I understand that a level...
Gold continues its march north; the pair finally broke through the local resistance zone yesterday and reached a more global one, which has already seriously bounced down a couple of times. They worked beautifully; all the targets at the top were...
Crude Oil Technical Analysis Crude oil prices are increasing in the 1-hour time frame, supported by an uptrending market structure. The market recently made a new high at $80.77, acting as a strong resistance level. The price is currently in a...
