Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis; NZD/USD is currently on the upside in the market, but the trendline in the market price looks very strong. However, the market price is positioned between major resistance...
GBP/USD Technical Analysis: Right now, GBP/USD is trading around 1.2735, showing some upward momentum. The immediate resistance I’m watching is at 1.2750, with the next level at 1.2800. On the downside, key support sits near 1.2700, and if that...
The GBP was slightly weaker in Monday's London session than its main rivals. A little rise in the Bank of England's (BoE) dovish wagers for 2025 contributes to the British currency's slight decline. A 53 basis point (bps) interest rate cut for the...
Technical analysis of EURUSD Today we will be doing a technical analysis of EUR/USD. EUR/USD is the main currency pair in the forex market. The market is currently sitting between our support and resistance levels. EUR/USD remains bearish and is...
Technical analysis of Crude oil Today I choose crude oil for technical analysis. All market prices are currently in an uptrend, which is helping the price to move higher within the channel. Crude oil prices are currently hovering above support and...