Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis; the market price is falling. Why did the market rise above the 0.8364 support after breaking all subsequent supports, and the market could move up to the 0.8364 main...
Technical analysis of NZDUSD Today I will show you NZD/USD technical analysis. The market is currently in a downtrend. Where is the market between our resistance at 0.5613 and support at 0.5570; if the market breaks our support, it falls. If the...
The GBP/JPY pair experienced a significant decline on Thursday, reaching its lowest level in nearly a month and approaching its critical 200-day Exponential Moving Average (EMA). This downturn reflects a prevailing cautious market sentiment,...
Pips vs. Dollars: What Should You Count in Forex Trading? In Forex trading, the debate between counting pips and counting dollars is a critical topic. Both methods have their merits, but counting pips is widely regarded as the better approach for...
USD/CHF has been in a strong uptrend since September 2024, largely mirroring the US Dollar Index (DXY). A potential double top pattern is forming around the 0.9137 resistance level. Key support levels to watch are 0.9087, 0.9040 and the...