NZD/USD Price Forecast NZD/USD refreshes weekly high near 0.5700 as receding global trade war risks have improved the safe-haven demand. The USD strives to gain ground on the back of upbeat US ADP Employment data for January. The NZ economy will...
What is a Homing Pigeon Candlestick Pattern? The Homing Pigeon candlestick pattern is a bullish reversal pattern observed in technical analysis, primarily used in trading to identify potential reversals from downtrends to uptrends. It consists of...
Technical analysis of the GBPUSD pair The technical analysis of the pair on the 4-hour chart shows the beginning of a correction downwards and then a return to the upside again. During this week, the price started trading with a price gap...
Although the current trading period has concluded, I am eager to see what the indicators suggest for the next session. The oscillators remain neutral, providing no clear directional bias, yet the moving averages strongly indicate that exiting the...
Currency pair AUDUSD - today we will consider the chart of the D1 period. January passed earlier, with price movements fluctuating. There was a good upward correction, which was preceded by a bullish divergence on the used MACD indicator, but they...