General points about GBPJPY: Yesterday, the GBPJPY market reached the 192.00 level, which acted as a key support point during the session. This level was significant because it marked a turning point after the market had initially moved downward due...
The GBP/USD pair held above its moving average for most of Thursday, a movement of little significance. A correction in theory suggests that the market is just taking profit from previously open positions. Fixes are not trends because they lack the...
Important points in the NZD/USD pair:The New Zealand Dollar (NZD) has recently shown a sideways movement in the market, indicating a period of consolidation. This type of movement often occurs when buyers and sellers are in a tug-of-war, with...
Technical analysis of the NZDUSD pair A new upward wave awaits the pair after the price succeeded in breaking the peak level that was formed during trading this week. The price began trading within descending price channels, which represent the...
InstaForex at Dubai Forex Expo It’s time to recap our participation in the 7th grand edition of Dubai Forex Expo, one of the world’s largest trading events that united over 160 brokers and financial institutions at Dubai World Trade Centre. We were...
