When I analyze the GBP/USD weekly chart, I find myself grappling with ambiguity. The pair’s recent behavior has left me with more questions than answers. I observe that the last local low at 1.2098 dipped below the 1.2298 support but failed to...
Summary United States: February will bounce more likely a false head Retail sales, industrial production, existing house sales and housing start in February, leaving the decline in the published month before. However, on closer examination, basic...
In my analysis of the GBP/USD pair, I observe a clear and consistent downward movement on the four-hour chart. I believe the upward trend has been decisively broken, and the recent illogical growth appears to have concluded. Based on the actual data...
The NZD/USD pair experienced a notable decline today, reversing its recent upward momentum that had propelled it to a three-month high of 0.5815 in previous trading sessions. This sudden reversal suggests a potential downside correction, with the...
NZD / JPY: An Hourly Time Frame Recommendation Look at the NZDJPY hourly chart, which indicates a bullish scenario. It hit the 85.50 level yesterday, showing strong momentum in favor of buyers. The recent price movement reflects increased demand...
