Pivot Points Pivot Points are a popular technical analysis tool used in forex trading to identify potential support and resistance levels. These levels help traders gauge market sentiment and make informed decisions about entry and exit points....
EUR/USD A new trading week has begun. During the Asian trading session, the value of the European currency fell relative to the US dollar. And actually reached the level of 1.0200. Literally a couple of points were missing. If the situation does...
•••USD/JPY: The Battle of the Dollar and Yen(January 13,2025)••• • The USD/JPY pair is firmly in focus as traders continue to watch how the US dollar stacks up against the Japanese yen. Right now, the dollar is holding its strength, but the yen is...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. Market prices have fallen completely, breaking every support level that fell, and now the market prices have reached historic levels of price appreciation. The market will...
EUR/USD Technical Analysisrice Action: As of the latest data, the EUR/USD pair is trading at 1.0385, reflecting a 0.75% increase from the previous close of 1.0308. The day's range has been between 1.0295 and 1.0437. Currently, the pair is testing...