NZDUSD Daily Outlook The momentum of the NZD/USD pair has shifted from a strong bearish trend to a more complex consolidation phase and possible trend reversal. Initially, the currency pair was trapped in a well-defined downward channel defined by...
Analysis of AUDCAD Currency Pair on D1 Timeframe Current Market Structure Examining the AUDCAD currency pair on the daily (D1) timeframe reveals a broken downward wave structure. The latest wave has surpassed the high of the previous wave,...
The EUR/GBP currency pair is currently undergoing a period of correction following a significant two-day decline, with the exchange rate hovering near the 0.8250 mark, close to the local lows recorded in December. This downward movement was largely...
Understanding Free Forex Margin: A Key Concept in Forex Trading In the world of forex trading, understanding critical concepts like free margin is essential for both new and experienced traders. Free margin plays a crucial role in managing risk,...
EURUSD TECHNICAL ANALYSIS I will try to read the trend direction for the EUR/USD currency pair on the H4 timeframe using the Moving Average Indicator period 21 and also the Moving Average Indicator period 34, for the current price conditions...
