What is pivot point in forex trading. What Are Pivot Points in Forex Trading? Pivot points are technical analysis tools used by forex traders to determine potential support and resistance levels in the market. They serve as a foundation for many...
The spot prices attracted some buying interest in the early session on Tuesday, managing to halt a three-day corrective decline from the all-time high reached a few weeks ago. This stabilization comes amid a backdrop of dovish Federal Reserve (Fed)...
NZD/USD Pair Forecast The pair has made a series of lower highs and lower lows on the daily time frame. Yesterday, the market opened at the 0.6004 level. During yesterday's trading session, it made a high of 0.6031 and a low of 0.5988. So,...
In my morning forecast, I focused on the 1.3108 level and planned to make trading decisions based on it. Let's review the 5-minute chart to see what happened. The decline and formation of a false breakout at 1.3108 led to a buy signal for the pound...
Forecast of Gold Daily time frame chart outlook: There was no obvious direction for the traders because the price activity of the Gold has been in the range zone on the daily time frame chart for the past few trading days. All the same, since last...