EUR/NZD (Euro To New Zealand Dollar) The GBPCAD pair which is currently in a bullish trend seems to be experiencing a downward correction phase. The downward price correction can go to FR 50 - 1.7633 or FR 61.8 - 1.7579 which means it is below SMA...
NZD/USD Forum Analysis, Forecast 01 September 2024 It's been two days, Thursday and Friday, the nzdusd movement has started to decline. The beginning of the nzdusd decline was when the candle touched the 0.6298 area. After I checked again, that...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...
USD-CHF PAIR ANALYSIS Since the candle could not penetrate the demand area at the price of 0.8402, the movement of USDCHF which was previously down turned up. The increase started on Thursday and continued on Friday. As a result of the increase,...
USD-CHF H1 TIME FRAME For the USDCHF currency pair in this trade, I personally still think that the trading instrument will still experience a bullish rally, yes, if we look at the trading history that has been formed in trading on Friday, August...
