Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis; the market price is between 2.2596 resistance and 2.2396 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
The EUR/USD currency pair is presently trading at approximately $ 1. 1381, showing a steady upward trend after bouncing off the Fibonacci retracement level of 0. 236 at $ 1. 1341. This recovery highlights the strength of the euro, backed by a...
GOLD technical analysis I do not have any entry points on H4. We can let them go without us. They may roll back to 3290 or 3315 from the current ones, but you need to go below 3250. Then, it will continue to grow. Here's where you can buy it. In the...
Forecast of USDCHF Since the price was oversold on several kinds of technical indicators, the USDCHF is doing a price correction within the range zone where its trading activity is displayed on the H4 time frame chart. Since the price has been in...
The Broadening Formation (BF) is a distinct technical pattern that often signals heightened volatility and indecision in the market. It forms when price action becomes increasingly erratic, creating higher highs and lower lows, which, when connected...