Technical analysis of GBPNZD Today we will do a technical analysis of GBP/NZD. For an idea of the market, it is necessary to do technical analysis, And for this, we take the help of different types of levels and indicators. If we look at the market...
USDCHF Daily Time Chart Analysis The USDCHF currency pair attempted to reach its last monthly low of 0.9000 during today’s trading session but failed. The resistance level of 0.9155 is also difficult to break. The pair is currently struggling with...
Crude Oil Technical and Fundamental Analysis Crude oil prices are in a downtrend and are supported by a bearish market structure. However, this structure was recently broken on the 1-hour time frame, signaling a shift to the uptrend. The price is...
The USD/CHF H1 chart indicates a strong bearish trend, with the price currently at 0.9011, near recent lows. The downward movement has been consistent, showing signs of selling pressure. The pair is now testing a critical support level, and traders...
Forecast for GBP/USD 5 February 2025 On the hour graph, a few GBP/USD on Tuesday rose sharply towards the resistance zone 1.2488 - 1.2508. The jump from this zone would prefer the US dollar and launch a decline towards the support zone of 1.2363 -...