Analyzing GBP/USD Price Activity I am currently studying the ongoing GBP/USD currency pair price activity. The GBP/USD H4 chart showcases significant market activity within a well-defined range, with key levels of support and resistance providing...
expectations of a decline between 47 and 70 pips if the price continues to trade below the critical pivot point of 1.2536. This level represents a key resistance zone that has historically acted as a barrier to upward movement, and as long as the...
The NZD/USD H1 chart presents a well-defined trading range with key levels of support and resistance shaping the price action. The current price is around 0.5656, which aligns closely with a critical resistance-turned-support zone. Observing the red...
The New Zealand Dollar (NZD) is showing signs of a potential upward movement, with key resistance levels in focus. In the short term, the NZD could test the 0.5705 level before stabilizing, though the next resistance at 0.5725 is unlikely to be...
EUR/USD Analysis: Current Market Outlook Current Trend and Price Action The EUR/USD pair is currently in an uptrend on the H1 time frame, with the price situated at 1.0414. The Relative Strength Index (RSI) is positioned below 70, indicating that...
