The New Zealand Dollar (NZD) retracement against the US Dollar (USD) on Friday, halting a four-day uptrend and settling around the 0.5720 mark during European trading hours. Technical analysis of the daily chart reveals a consolidation pattern,...
Forecast of Gold I shared the Gold technical analysis early in the morning. At that moment, the Gold formed an enormous bearish engulfing candle on the H4 time frame chart and broke the support level. Based on such patterns, I predicted that the...
AUD/USD AUD/USD Rises to Near 0.6300 Amid Weakness in the US Dollar AUD/USD rises to approximately 0.6300 as the US dollar drops due to an uncertain US economic situation. In March, Australia's Westpac Consumer Confidence increased significantly to...
Pivot points are calculated using the high, low, and close prices of the previous trading session. These points are used to predict potential price movements and key levels of support (where prices may stop falling) and resistance (where prices may...
EUR/CHF The EUR/CHF currency pair is currently navigating a complex landscape shaped by recent monetary policy decisions, economic indicators, and technical patterns. As of March 10, 2025, EUR/CHF is trading around 0.9634, reflecting a slight...
