Recent movements in the currency pair GBP/USD reflect significant shifts driven by central bank decisions and key economic indicators. Following the Bank of England's (BoE) recent policy adjustments, GBP/USD is forming a 'hammer' candlestick...
TRADING CHART ON NZD/CHF H1. The NZDCHF pair in the H1 timeframe still exhibits a bullish trend. There was a fluctuating movement within a relatively narrow range yesterday. During the Asian session, the price consolidated around the 0.5340 area...
NZD/USD Pair Technical Analysis In summary, while the NZD/USD pair has shown some bullish signals towards the end of the past week, such as the bullish engulfing pattern and the overall weakening of the US dollar, the price remains below the...
The Parabolic SAR (Stop and Reverse) is a technical indicator commonly used in forex trading and other financial markets to identify potential reversal points in price trends. Developed by J. Welles Wilder Jr. in 1978, it helps traders determine...
The momentum currently indicates a downside bias. Recently, the price rejected a liquidity zone near 0.62500, which aligns with a Fair Value Gap (FVG) and a liquidity cluster. This rejection signals strong selling pressure at higher levels,...