Yo, let's talk about the NZD/USD, my friend. This currency pair is definitely showing some bullish vibes lately. The key resistance level is chilling between 0.6153 and 0.6200, but market analysts have got their eyes on the next potential price...
The levels I mentioned were not tested in the second half of the day. Reports on the corporate services price index, the Bank of Japan's core consumer price index, and the leading economic indicators index led to a surge in volatility, but that was...
The GBP/USD currency pair has begun to show signs of forming a bottom, with the price action currently testing the lower red channel line. This suggests that the market is in a consolidation phase and attempting to establish a stronger foothold....
GBP/USD Analysiserformance will remain limited Since the start of this week’s trading, weak sentiment has hampered GBP/USD’s chances of an upside recovery, with gains failing to break the 1.2702 resistance level as it began to decline again and at...
What is the Commodity Channel Index (CCI)? The Commodity Channel Index (CCI) is a momentum-based oscillator developed by Donald Lambert in 1980. It is primarily used in technical analysis to identify cyclical trends in the prices of a wide range of...