On Monday, I observed that the day began with some upward movement, indicating initial growth. However, the price soon dropped to the support level of 188.306, where it stabilized. Throughout Monday and Tuesday, I noticed that the price continued to...
Technical analysis of XAUUSD Today I chose gold for technical analysis, and the market price is currently on a downtrend line, helping the price fall. The market price is descending, and the market price is currently at the 2904 support level. With...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis. EUR/USD is currently falling in the market price and is being held down by selling momentum. The market price currently at the support level 1.0431, and the price rose,...
Update Wednesday – February 26, 2025 Good morning forum friends. Hopefully everyone is still in good health. How is your trading? I am sure it is still making a profit because the movement in several forex pairs is starting to slow down because it...
The Federal Reserve (Fed) has revised its 2025 rate cut projections from four to two, signaling a more hawkish stance that has strengthened the US Dollar (USD). This shift in expectations has put downward pressure on the New Zealand Dollar (NZD),...