The GBP/USD currency pair continues to exhibit a bearish bias as long as the price remains below the key resistance level at exactly 1.2968. Technical indicators suggest continued downside pressure, with the RSI positioned below the neutral fifty...
Analysis of NZD/USD Currency Pair In the current market scenario, the NZD/USD pair is exhibiting several notable trends and patterns across different time frames: daily (D1), four-hour (H4), and hourly (H1). This analysis will provide a...
In the trading session that took place yesterday, the NZDUSD currency pair exhibited a bullish movement, closing at a price of 0.5744. This closing price was notably higher than the opening price from the previous day, indicating a positive shift...
The Japanese yen maintained a defensive stance against the recovering US dollar during the early European trading session on Wednesday. This comes despite a lack of significant follow-through buying interest, largely attributed to market...
In my analysis, I observe that divergences are present on the indicator, which suggests a potential shift in momentum. If the price breaks through the resistance level of 0.58290 and manages to close above this mark, I believe the next target for...