Why Technical Analysis is More Important Than Fundamental Analysis Understanding Technical and Fundamental Analysis When it comes to analyzing financial markets, traders and investors often debate the merits of technical analysis versus fundamental...
Hello. Yes, so far everything is happening under the dictation of sellers on the Pound, during yesterday's fall they managed to break through the level of 1.22989, and if they manage to consolidate below it, then we can expect a decline to 1.21862....
Gold climbed to a new near-term trend high of $2,678 on Thursday and broke the 61.8% Fibonacci retracement level at $2,671. This was after Wednesday's high, which stopped at the same level, indicating renewed demand. The breakout came on Wednesday...
Technical analysis of NZDUSD Today I will show you NZD/USD technical analysis. The market is currently in a downtrend. Where is the market between our resistance at 0.5613 and support at 0.5570; if the market breaks our support, it falls. If the...
USD/CHF has been in a strong uptrend since September 2024, largely mirroring the US Dollar Index (DXY). A potential double top pattern is forming around the 0.9137 resistance level. Key support levels to watch are 0.9087, 0.9040 and the...
