I observe that the NZD/USD pair has shown notable upward momentum recently, aligning with key levels established since late January. I note that the price remains above the senior moving average, currently positioned at 0.5825, which reinforces my...
Top Ten Forex Trading Strategies for Consistent Profitability In the world of forex trading, strategies play a crucial role in determining success. Traders who adopt well-defined strategies are better equipped to manage risks, spot opportunities,...
Technical analysis of EURJPY Today I will start technical analysis on EUR/JPY. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below the resistance level at 161.13 and above...
The ongoing geopolitical tensions surrounding the Russia-Ukraine conflict continue to add volatility to the forex market, with the Swiss Franc (CHF) gaining appeal as a safe-haven currency. Russian President Vladimir Putin recently indicated that...
Technical analysis of GBPCAD Today I picked GBP/CAD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 1.8641, the...