GBPUSD Technical Analysis GBPUSD is displaying bullish momentum as it trades around 1.2584 on the daily timeframe. The pair has recently gained strength, pushing towards a key resistance level at 1.2612. The 150-period moving average (MA) is still...
The GBP/JPY pair continues to exhibit a strong downward trend, with technical indicators providing further confirmation that selling pressure remains the dominant force in the market. The Relative Strength Index (RSI) is firmly below the 50 mark,...
The EUR/NZD currency pair has been demonstrating a persistent downtrend, with key technical indicators aligning to support the notion of further declines. The RSI has dipped below 30, a level often associated with oversold conditions, yet this does...
US30 Retracement Trade Analysis The overall trend of the US30 index remains bullish across all major timeframes, indicating a strong upward momentum. However, in the context of seeking short-term opportunities, a retracement trade appears...
I observed that GBPUSD moved in the expected direction, following the impulse candle from February 11. I recall that the day closed with a bullish candle, and the close above 1/4 NKZ provided a clear buying opportunity between 1/4 NKZ and 1/2 NKZ. I...
