The NZD/USD pair shows a pivotal moment as price action tests a critical support trendline around 0.56992. After maintaining an upward trajectory for several sessions, the pair has dipped below the 9-period Simple Moving Average at 0.57165,...
Technical analysis of USDCHF Today we will be doing a technical analysis of USD/CHF. USD/CHF is a very important currency pair in the foreign exchange market. If we look at the chart on the H1 time frame, the market is currently sitting between...
The AUD/USD pair has experienced a sharp decline, sinking near 0.6280 during North American trading hours on Thursday. This drop is fueled by the US Dollar’s (USD) resurgence amid heightened global economic uncertainty, primarily stemming from...
Fractals, in the context of technical analysis, refer to a specific type of indicator introduced by Bill Williams. These fractals highlight potential reversal points in price movements. The concept is based on the idea that financial markets exhibit...
EUR/USD ANALYSIS EUR/USD is trading at 1.0851, moving between key support levels at 1.0613, 1.0447, and 1.0343, and resistance levels at 1.0948 and 1.1255. The moving average indicator plays a crucial role in identifying potential trade...
