T E C H N I C A L _ A N A L Y S I S N Z D / U S D Good morning and best wishes to all of us. NZD/USD is trading at 0.5736 at the time of writing. If you look at the history of yesterday's market movements, it seems that sellers are starting to...
EUR/USD Daily Analysis Today's EUR/USD daily chart presents an intriguing picture for traders. The current price is around 1.0459, and the market is moving within a specific range. The resistance level is identified at 1.0553, while the support...
The ongoing conflict between Russia and Ukraine is causing fluctuations in oil prices. Should a peace agreement be achieved between these two nations, the supply of oil could increase, potentially leading to a decrease in prices. As a result,...
As traders await the publication of United Kingdom (UK) Retail Sales data, the GBP rises against the USD and breaks over the 1.2600 mark on Thursday. In the meantime, the US dollar declined due to a dismal US jobs report. The GBP/USD exchange rate...
Understanding Bullish Momentum and Breakouts in the Forex Market The forex market is characterized by various price movements that traders analyze to make informed decisions. Two important concepts in this context are "bullish momentum" and...
