GBP/USD OUTLOOK ANALYSIS: On the GBP/USD W1 time frame chart, the currency pair is currently trading at 1.3153, and the overall market sentiment appears to be leaning toward the bearish side. Over the past few weeks, the pair has experienced a...
NZD/USD Market Outlook for the Week Good morning and wishing you a successful Monday! As we observed on Friday, the market demonstrated a notable bounce upward, successfully surpassing the 0.6100 zone. This has provided some stability to buyers of...
Technical Analysis of New Zealand Dollar/US Dollar NZD continued to grow in the previous trading week, finding support at 0.6198, establishing a new uptrend. The price was able to rebound from this level and continue moving up, reaching a new local...
What Is a Double Top Pattern? In technical analysis, a double top pattern meaning refers to a chart pattern that consists of two swing highs with a trough in between, and the two highs should be at the same or almost the same level. Some traders...
GBP/USD Greetings, colleague! It may well be an agreement, since there is no other way to explain keeping their currencies at a high rate against the US dollar with such failing economies both in Europe and Britain. But this cannot continue for...