Technical analysis of XAGUSD On the H1 timeframe, Silver (XAG/USD) is currently trading around the 83.00 – 83.10 zone, showing signs of consolidation after a sharp bearish decline from the recent highs. Earlier, the market experienced a strong...
EURCHF Technical Analysisrice 0.90309 is testing the upper Bollinger Bands (20, 2), which often precedes a significant move. Candles have multiple wicks above the upper band, indicating rejection of higher prices and exhaustion among buyers. A large...
GBPUSD Daily Forecast GBP/USD is still heavily pressured and is sliding down to the 1.3260 area, which is the level this pair last touched in December. It has further declined sharply from the multi-year peak near 1.3800 reached in late January,...
GBPUSD DAILY CHART ANALYSIS GBP/USD has seen fresh demand for buying and has also continued its bounce for a third consecutive day. The pair even moved up to the 1.3485 area level within the first half of Tuesdays European session. What has been...
NZDJPY Daily Chart Analysis The daily chart for NZDJPY shows a market that first created a strong bullish structure in January before moving into a corrective consolidation phase in February and early March. At the start of the visible period, the...