GBPUSD H1 GBPUSD approached the support of 1.2620. The last 3 bars draw huge tails from below. This indicates market demand from the level. The phenomenon is normal, but sometimes it can act purely as a trap. Here you need to be careful in making a...
In today's trading session, the EUR/USD currency pair has shown signs of strengthening, currently trading at a price of 1.0523, which is notably higher than the opening price from the previous day. Analyzing the price action on the H4 time frame...
Technical Analysisound Sterling rises to near 200-day EMA The Pound Sterling jumps to near 1.2700 against a weakened US Dollar after a sharp slowdown in US services sector data for February. Traders expect the BoE to cut interest rates two times...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis; the market price is falling. The market respects the trend line too much; the price moves up from the bottom and reaches the trend line, and then the market price rises...
Forex Analysis for EURNZD on the H4 Time Frame In the analysis of the EURNZD currency pair on the H4 time frame, the current market conditions suggest a prevailing bearish trend. The price action is notably positioned below the 50-period Exponential...
