NZDUSD currency pair - let’s consider the D1 period chart. After the last growth wave updated the previous one’s maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it, it is only...
GBPUSD TECHNICAL OUTLOOK The GBPUSD currency pair has recently encountered rejection at the 1.29560 level, suggesting a robust resistance zone at this price point. This rejection has created an opportunity for traders to assess the pair's trajectory...
XAUUSD (Gold) Trading Analysis Gold (XAUUSD) is trading at 2916, showing strong bullish momentum as it moves toward key resistance levels. The Relative Strength Index (RSI) is a crucial momentum indicator that helps traders assess whether the market...
Market Analysis Overview Hello, Natasha. Currently, I am primarily considering the possibility of a downward three-wave structure. However, this scenario will only hold if the level of 1.4540 is not breached and prices do not manage to close above...
I observe that the NZD/USD pair is currently caught in a consolidation phase on the daily chart, despite its recent attempt to push northward. I interpret the conflicting signals from technical tools as a key factor driving this indecision: moving...
