Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price fell a few days ago and broke the falling support level. At this point, the market price bounced back to support at 2.1900 after breaking the resistance and...
Market Fundamentals: The price continues to underperform, weighed down by the Reserve Bank's dovish stance and growing expectations of more aggressive policy easing. Concerns over China's economic recovery and ongoing US-China trade tensions further...
The USD/CAD H1 chart shows price action oscillating within a broader consolidation phase, with significant resistance near 1.4520 and fluctuating support around 1.4320. The price is currently trading near 1.4400, slightly above the red moving...
Crude Oil Technical Analysis Crude oil is currently in a strong downtrend on the M30 timeframe. The price consistently makes lower highs and lower lows, confirming a sell structure. Every time the price tries to move up, it encounters resistance at...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.006 resistance and 1.9907 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
