The chart provided is an Elliott Wave Forecast for the EUR/NZD currency pair on a 240-minute (4-hour) timeframe. The chart illustrates a bullish sequence based on Elliott Wave theory, indicating potential future price movements. Here is a detailed...
USD/CAD: The Canadian dollar exhibited a mixed performance by the end of the week, clawing back some ground against most major currencies but showing only minimal gains against the US dollar. This behavior reflected the overall cautious sentiment in...
WHAT IS SPINNING TOP CANDLESTICK PATTERN The Spinning Top candlestick pattern is a neutral candlestick formation that appears when a stock's or asset's price action is indecisive, indicating a balance between buyers and sellers. It is called a...
The economic calendar is packed with news concerning the US dollar, yet it seems unlikely that this will significantly impact the NZD/USD chart activity. Observing the market over a four-hour period, it is evident that there is a confident movement...
GBP/USD Look, my balance for the day for tomorrow is at 1.2720, so if they can break it, the growth will continue, as you also expect, but my growth is only up to 1.2750, there is resistance H1, if the pair does not break through it, then we move to...