The chart represents the GBP/NZD currency pair on an hourly timeframe. The price action shows a clear uptrend, with prices making higher highs and higher lows over time. Bollinger Bands are applied to the chart, showing periods of expansion and...
USDCHF currency pair - D1 period chart. In favor of sellers was the wave structure that builds its order downwards and the MACD indicator that decreased in the lower sales zone and below its signal line. Well, it can be noted that the figure of the...
Forecast of NZDUSD Looking at the NZDUSD's daily time frame chart, we can see that the price had been running in a bearish trend for an extended period. This is why the price reached the oversold level a few trading days ago, and the NZDUSD began...
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General Points about GBPNZD: The GBPNZD market has been showing a strong buying trend recently, which is an important point to consider. Market structure and technical indicators suggest that the market will now move in favor of sellers. Several...