As of February 26, 2025, the NZD/USD currency pair is exhibiting notable technical patterns that traders should consider. Current Price and Support Levels: The pair is trading around 0.5735, with immediate support observed at the nine-day...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping the price increase within the channel. Crude oil prices are currently hovering above support and...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis. EUR/GBP margin prices are falling, which is helping to push prices lower from the trend line. This trendline helped push down the market price, and with the help of this...
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...
Forex traders are closely monitoring the upcoming US Consumer Price Index (CPI) data release and comments from Federal Reserve policymakers for fresh signals on interest rate direction. Economists anticipate that headline inflation will accelerate...
