Technical Analysis of EUR/USD Good morning fellow traders. Today, we'll conduct an analysis of the EUR/USD market, which could be quite beneficial for trading this week. Let’s delve into the current chart prepared on the Daily (D1) timeframe. At...
Technically, the rebound from support provided confirmation for many traders that the downside was limited, and the market was ready to move higher. The break of the sideways consolidation was a significant event, as it often indicates that the...
A Closer Examination of NZD/USD The NZD/USD currency pair is presently demonstrating considerable strength, supported by a range of favorable economic factors. The New Zealand dollar (NZD) has gained from robust commodity prices, especially in dairy...
Analysis of USD/GBP Price Behavior The price behavior of the USD/GBP currency pair has been analyzed, revealing significant movements that necessitate a shift in strategy. Here’s a detailed breakdown of the current market conditions and...
GBPAUD Pair Analysis Current Market Sentiment The GBPAUD pair seems to be experiencing a weakening bullish trend. The price has been unable to cross the resistance level (R1) at 1.9642, despite earlier upward movement above two moving average lines....