I will explain the current price movements in the NZD/USD market. From a technical perspective, NZD/USD is trading at 0.5575 at the time of writing. In the long term, NZD/USD is currently bearish, while at the beginning of the month the price showed...
The price movement of gold displayed in this chart highlights clear trends and consolidation phases over the analyzed period. Starting in late November, the market experienced a strong bullish rally, pushing the price toward a peak near 2728. This...
EUR/USD Technical Analysis: As of today, January 15, 2025, EUR/USD is trading around 1.0248, showing a slight increase of 0.04% from the previous close. I'm watching the pair closely as it's testing a critical support zone near 1.0230, which has...
USD/JPY Technical Analysis: Today, USD/JPY is trading around 158.00, showing some consolidation at this level. In my view, key support lies at 157.35, while resistance is at 159.75. The bullish channel remains intact, suggesting the potential for...
•••GBP/USD: Caught in a Tight Range(January 15,2025)••• • The GBP/USD pair is currently caught in a narrow range, hovering around 1.2170 as traders wait for clear direction. The market has been somewhat stagnant, unable to make significant moves as...