NZDUSD H1 The NZD/USD currency pair on the weekly timeframe has shown a significant rise in value. Recently, the pair managed to break through an important resistance level of 0.61669. This breakthrough then triggered additional upward momentum,...
On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...
WHAT IS PIVOT POINT IN FOREX TRADING Pivot points are a popular technical analysis tool used in Forex trading to predict potential support and resistance levels. They are calculated based on the previous day's price action and are used to identify...
AUD/ USD Price Summary I will examine the dynamic pricing behavior of the AUD/ USD currency pair in real time. Buyers failed to hold above the 61.8% correction level between the 0.6575 to 0.6703 wave, resulting in a break below it, suggesting...
In Forex trading, a pivot point is a technical analysis indicator used to determine the overall trend of the market across different time frames. The pivot point itself is the average of the high, low, and closing prices from the previous trading...