NZD/JPY H_1 Hello everyone! Today, we will consider the prospects of the NZD/JPY currency pair based on technical analysis. We will pay special attention to resistance and support levels, volume and basement indicators. Let’s look at the chart: The...
The Hanging Man pattern is a candlestick pattern used in trading to predict price movements. It's called a "hanging man" because the candlestick looks like a person hanging from a rope. This pattern forms when a small body (the "head") is suspended...
The currency pair has recently been showing bullish tendencies, driven by negative data from the US hourly and jobs reports. As of the market close last night, the pair was trading around the 1.00910 level. This upward movement is significant, given...
### GBP/USD Analysis Update: August 3, 2024 As of August 3, 2024, the GBP/USD currency pair is experiencing a shift in market dynamics that traders should carefully monitor. On the H4 (4-hour) time frame, the pair appears to be entering an initial...
NZDUSD D1 Analysis Market Overview The NZDUSD pair is currently exhibiting a strong downtrend on the D1 timeframe. Price action has been consistently forming lower highs and lower lows, indicating a sustained downward momentum. Support and...