The price test of 158.20 transpired during a period when the MACD (Moving Average Convergence Divergence) indicator had already shown a significant movement above the zero mark. This movement indicates a strong bullish trend. For quite some time,...
NZD/USD0 H1 The NZD/USD market, which represents the exchange rate between the New Zealand Dollar (NZD) and the United States Dollar (USD), is a dynamic and often unpredictable financial arena. Traders who engage in this market should exercise...
EUR/USD Pair Analysis: The EUR/USD pair has faced challenges in sustaining levels above 1.0749-1.0694 recently, indicating a bearish bias influenced by stochastic negativity. Stochastic analysis, which measures momentum in trading, has shown signs...
ANALYSIS OF NZD/USD Based on the map of market conditions over the past few days, the NZDUSD currency pair remains under the influence of sellers, causing its price to fall again even as buyers try to push it higher. During this week's trading...
Update Analysis of #GBP/USD Time frame H4- I wish you a noble end to the current trading week, and more profits! Well, GBP/USD prices rose yesterday, but the move north was not enough to sell. Because of yesterday, there were no pairs. During the...