The New Zealand Dollar (NZD) is currently consolidating within a narrow range of 0.5735 to 0.5770, exhibiting sideways movement in the short term. However, a boost in momentum suggests that a retest of the key resistance at 0.5790 remains a viable...
The US dollar is currently in no hurry to strengthen, and I believe this has allowed the Swiss franc, along with other currencies, to capitalize on the situation. I observe that the past trading week concluded near a significant support zone, from...
GBPUSD DAILY ANALYSIS How are you today, hopefully you are all in good health and of course today's trading plan can run smoothly according to expectations. GBPUSD has an interesting setup for our daily trading. Where in trading on Friday the price...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2630 on the daily timeframe, showing a bullish push towards a critical resistance level. The price is above the 70-period moving average, confirming short-term bullish momentum. The RSI...
I have been observing a sideways movement on the daily chart lately, and today, the pair continues to move within this range. I am trying to determine whether this sideways movement will persist or if a breakout is imminent. To gain clarity, I will...