We’re talking about the NZD/USD pair, one of the major currency pairs in the forex market. Right now, there’s a great buy opportunity from the demand zone between 0.5900 and 0.5890, and here’s why this area is technically strong. Firstemand Zone...
USDCAD saw a decent reversal from last week's climb, which began in the beginning of the week from 1.36850. This was a generally positive week for the US dollar and was relatively muted for Loni. There was some recovery in the USD due to lack of...
The British Pound (GBP) recovered some of its early losses against the US Dollar (USD) and traded around 1.3470 in North American trading on Friday. The GBP/USD exchange rate's recovery was aided by a weakening US dollar, which gave up some of its...
Silver (XAG/USD) Technical Analysis – H4 Timeframe Price Action Overview: Silver is currently trading within a narrow range on the H4 chart, with the latest candle showing prices between 32.825 (low) and 32.965 (high), closing at 32.935. The price...
I am currently focused on the resistance cluster located above the current GBP/USD price, particularly at the 1.3520 level. I consider this zone critical because it aligns with both the 14.6% and 61.8% Fibonacci retracement levels, reinforcing its...