Technical analysis of NZDUSD Today we will perform a technical analysis on NZD/USD. To understand any market, technical analysis is required, for which we employ indicators of different levels and types. If we look at the market now, the market is...
Early Thursday, European trading hours saw the GBP/JPY cross trade in negative territory at 190.25. The Japanese yen (JPY) receives some support from mounting rumors that the Bank of Japan (BoJ) will continue to raise interest rates, which also puts...
Stalled Candlestick Chart Pattern The Stalled Candlestick Pattern, also known as the Deliberation Pattern, is a three-candle pattern that appears in an uptrend and signals a possible reversal or slowdown in bullish momentum. Characteristics of the...
GBP/USD Daily Technical Analysis GBP/USD showed signs of rejection at the $1.24900 level on the daily timeframe, indicating potential weakness in bullish momentum. Initially, the price broke above this level, even closing above it on the H4...
XAU/USD Daily Technical Analysis Gold reached a record high of $2881 yesterday, continuing its strong bullish trend. On the daily timeframe, today’s candle opened at $2868 and initially dipped to $2850 before showing signs of stability. On the H1...
