The EURGBP currency pair is currently showing movement that is mostly limited to a specific range and is influenced by technical factors. Observing the daily chart reveals that the pair is trading within a narrow range, indicating a state of...
Bitcoin continues facing strong downward pressure while staying firmly below the key pivot level of 95650, suggesting deeper losses soon. Technical indicators such as the RSI and MACD remain bearish, signaling increased likelihood of continued...
XAU/USD At the beginning of the week, gold (XAU/USD) made a strong upward move, reaching a new all-time high of $3,500 in the early hours of Tuesday during trading in Asia. Nevertheless, this unprecedented increase was met with a steep decline later...
Technical Examination of GBPNZD For today’s analysis, I am focusing on GBP/NZD. The current market price is located between the resistance level of 2. 2408 and the support level of 2. 2191. The market price has dipped below the resistance,...
The provided chart is a 1-hour (H1) timeframe for Gold (GOLD), showcasing a significant upward trend that initiated around mid-to-late March. This bullish move was characterized by a strong series of higher highs and higher lows, suggesting that...