GOLD TECHNICAL ANALYSIS However, there are several conditions that must be met so that the market structure remains bullish, namely buyers must be able to prevent the formation of a selling momentum candlestick that can penetrate the lower Bollinger...
Silent Points about GBPJPY: The way buyers are strengthening their positions is making it difficult for sellers. The GBP/JPY market is currently trading at the 194.34 level, which confirms that it has already made progress of over 200 pips. Strong...
General Points about GBPUSD: Today, there is a higher probability that the GBP/USD market will follow a bullish trend since it is moving in an uptrend. The market has shown strong buying momentum, and many are closely monitoring key levels to...
The EUR/GBP currency pair is exhibiting bearish momentum as long as the price remains below the key resistance level of 0.8425 in the current market environment. Sellers continue to dominate price action, with technical indicators confirming a...
A key factor weighing on the NZD is growing speculation that the Reserve Bank of New Zealand (RBNZ) will lower its Official Cash Rate (OCR) by another 50 basis points (bps) to 3.75% in its upcoming policy meeting. Additionally, concerns around...
