TRADING CHART ON NZD/JPY H4. The NZDJPY exchange rate's downward momentum failed to reach the support level (S1) of 85.85, stopping at a low of 86.24. The price then rebounded and consolidated around the pivot point (PP) of 87.11. Soon after,...
TRADING CHART ON USD/CHF H4. The USDCHF currency pair has shown little progress in its price pattern over the past three weeks. The price has been oscillating between the resistance level of 0.8548 and the support level of 0.8421, without making...
### Analysis of the EUR/USD Pair: Current Trends and Future Outlook The EUR/USD currency pair has recently been trading at around 1.1290, reflecting a bearish trend. Understanding the dynamics of this pair is crucial for traders and investors...
GBP/USD DAILY MARKET ANALYSIS. Hi all friends, for this afternoon I will try to analyze the GBP/USD currency pair. The pattern that is formed right now is bearish as price divergence causes it against the stochastic indicator and I will try to see...
Price Action Insights: Silver We are currently engaged in the study of the Silver pricing movement analysis. A move to the bullish direction seems necessary, but consolidation is equally essential. If the price is above the descending trend line,...