Gold Analysis – Breaking the Downtrend on the Hourly Chart: In the world of gold trading, price movements and chart analysis are essential tools used by traders to make informed decisions. One of the key tools relied on by many technical analysts...
General Points about NZDUSD: So far, NZDUSD has broken below the 0.5560 level, showing continued pressure from sellers in recent sessions. The morning’s key events, including New Zealand’s Cash Rate announcement and the Reserve Bank of New Zealand’s...
Analysis of New Zealand Dollar vs. US Dollar - Flag Pattern: In technical analysis of forex markets, the flag pattern is one of the common patterns that reflects the continuation of the current trend after a period of consolidation or correction....
CHFJPY Analysis The CHFJPY pair entered a consolidation phase during today’s trading session, temporarily halting a strong uptrend that was on track for its fourth consecutive upward move. The break in momentum coincided with the technical level of...
The EUR/USD H1 chart reveals a strong bullish breakout that began around April 2nd after a prolonged consolidation period throughout March. For nearly three weeks, price action remained mostly sideways, with minor fluctuations and no clear trend...
