### Analyzing Market Behavior: The Case of 145.50 Resistance In the realm of financial trading, understanding market dynamics is crucial for making informed decisions. One key concept to grasp is how price levels can act as significant psychological...
Happy Monday to you, and I hope it’s a successful one! As we saw on Friday, the market bounced upwards and crossed the 0.6100 zone, providing some stability for NZD/USD buyers. This upward momentum has the potential to push the bullish journey...
GBPUSD still, then we've a bearish candlestick Engulfing, where we've gulfed two former bullish candlesticks with one candle, If we look at the GBP USD brace on the weeks. And this can serve as a reversal to the south of this two- time cycle to the...
The Australian dollar (AUD) is currently facing headwinds, with the AUD/USD pair trading near the key resistance level of 0.6850. The market's focus is on the upcoming release of US Non-Farm Payrolls (NFP) data, which will provide valuable insights...
GBP/USD: The Path to Successful Trading Our discussion revolves around the real-time evaluation of the price action of the GBP/USD currency pair. The current trend in the margin trading system still leans towards a buy, but certain critical rules...