•••NZD/USD: Navigating Market Tensions on December 26, 2024••• ••Current Market Snapshot • Today, the NZD/USD is trading around the 0.5634 (buy) and 0.5631 (sell) levels, reflecting a downtrend that's been in play for some time. As we step into the...
What is inverted hammer candlestick pattern in forex trading. What is an Inverted Hammer Candlestick? The Inverted Hammer candlestick pattern is a bullish reversal chart pattern used for technical analysis that forms during a downtrend and signals a...
USDJPY Currency Pair Analysis - D1 Chart Overview of Recent Price Action In November, the USDJPY currency pair exhibited a clear bearish divergence on the MACD indicator, which led to a significant price drop towards the end of the month and the...
Technical analysis of USDCAD Today we will be doing a technical analysis of USD/CAD. What is the quality of market support and resistance levels? The broader market has also broken support, which is now set as resistance, which will be the next...
Technical analysis of XAUUSD Today I chose gold for technical analysis. If you look at the price of gold in the first half of the year, the target market is moving along a downtrend line and helping its price fall. But now, gold has climbed above...
