Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
USD/CHF Analysis: Market Overview and Trading Insights Yesterday, the USD/CHF currency pair traded at higher levels, closing around 0.8845. However, today’s trading has shifted downward, with the pair currently hovering around the price level of...
The European Central Bank (ECB) continues to shape the market's outlook as President Christine Lagarde reassured traders on Wednesday that the bank is "not overly concerned" about inflationary risks from abroad. Instead, the ECB remains committed to...
XAUUSD Technical Analysis XAUUSD has recently broken out of a descending channel, signaling a potential shift in momentum. The price is currently trading above the 150-period moving average (blue line), indicating a bullish trend continuation. The...
The Great British Financial Department failed to release positive news data yesterday, which had a significant impact on the GBPAUD currency pair. As a result, the Pound weakened against the Australian Dollar, leading to a notable decline in price...
