Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price is currently rising and buying momentum is helping it rise. The market price broke through the resistance level, and the market price is currently forming a...
The EUR/JPY chart on the H1 timeframe reflects a predominantly bearish trend, with the price currently trading at 156.42. Over the past few weeks, the pair has been forming lower highs and lower lows, indicating that selling pressure remains strong....
Technical Analysis Resistance and Support Levels Resistance Level: Currently, there is strong resistance at 1.2650, which is hindering upward movement of the GBP/USD pair. If this level is breached, we could see the price move towards the 1.2700...
25 February 2025 EUR/USD gains traction to around 1.0470 in Tuesday’s Asian session. The EUR/USD pair gathers strength to near 1.0470 during the Asian trading hours on Tuesday. The Euro (EUR) gains ground after the conservative alliance made up by...
Analyzing a Downward Trend: A Comprehensive Guide to Selling in Forex Trading When navigating the complex world of Forex trading, understanding market indicators and trends is crucial for making informed decisions. In this discussion, we will...
