NZD/USD H4 Time Frame Technical Analysis The H4 timeframe for the NZD/USD pair is currently offering a favorable setup for technical traders. The recent market movements have provided insightful signals, and it’s an opportune moment to delve into...
Hello, After trading in a narrow channel near $2,410, gold reverses direction and trades below $2,400. The recovery seen in US Treasury bond yields after Monday's sharp decline does not allow XAU/USD to gain traction in the second half of the day....
U.S. dollar rose slightly against the Japanese yen, although it has given up some of its gains as of early Tuesday. On a longer-term basis, recent price action suggests that a fundamental trend had been broken. Although an attempt was made to review...
What is hockey candlestick pattern in forex trading. A hockey stick chart is a price line chart in which a sharp increase occurs suddenly after a short period of quiescence or relative stability. The line connecting the data points thus resembles a...
The EUR/USD currency pair is currently trading below the 55-day Moving Average (MA55), signaling a potential continuation of the bearish trend. This technical indicator, combined with other market dynamics, provides a clear picture of the prevailing...