The price movement of the EURUSD pair after experiencing an upward rally does not seem to have experienced a low enough correction phase. In fact, the price was able to pass the high prices of 1.0817 and continue its upward rally. Indeed, with the...
NZDUSD Analysisotential for Correction On Monday, NZDUSD was indeed facing a decline. At the time when the candle was dropping, it had penetrated its lowest support at a price of 0.6056. However, NZDUSD started to rise again when the candle reached...
The New Zealand Dollar (NZD) gained ground against the US Dollar (USD) on Friday, buoyed by a weaker USD and positive economic data. This upside move comes after a string of gains for the NZD, extending its winning streak to four sessions. The key...
A linear regression channel is a technical analysis tool used to identify trends and potential turning points in forex trading. It consists of three lines: the middle linear regression line, the upper channel line, and the lower channel line. This...
As for Bitcoin, yesterday, after another top-down testing of the local support level, which according to my marking is located at 56522, the price was reversed and pushed to the north by a confident impulse, as a result of which a full bullish...