In my analysis of the EUR/GBP pair, I observe that the market price has been trending upward, supported by a trendline. However, I notice that the market price has recently crossed this trendline, which could indicate a potential shift in momentum....
Current Market Situation of EUR/USD The EUR/USD currency pair is presenting an interesting scenario on the H1 chart. The price is currently trading between a support level of 1.0310 and a resistance level of 1.0380. This price action indicates that...
General Points about GBPNZD: Yesterday, the GBPNZD market reached the 2.1962 level, which is a midpoint. That level often acts as a crucial turning point where buyers and sellers compete for control. If buyers fail to maintain momentum, price...
On Friday, the EUR/JPY pair experienced a volatile trading session, initially climbing to an intraday peak of 158.23 before subsequently retracing to around 157.50 during the European session. This reversal was primarily attributed to the release of...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The AUD/USD market price is falling and the downtrend looks very strong. The market price fluctuates between the 0.6407 resistance level and the 0.6335 support level for a...