The recent weakness of the U.S. dollar can largely be attributed to the Reserve Bank of New Zealand's (RBNZ) recent decision to lower interest rates in response to declining inflationary pressures. RBNZ has consistently introduced rate cuts, with...
TRADING CHART ON AUD/CHF H4. The price saw a slight increase on Friday. It rose from its daily opening at 0.5771, but initially struggled to climb due to the EMA 200 H4 crossing between the daily open and its closest resistance at 0.5789. However,...
Analysis of the GBPJPY pair in the H-4 time frame. The GBPJPY pair during this week did not experience too much intense volatility. Prices tend to move around the EMA 50 and pivot point (PP) 193.36. Although it appears to be moving up, prices have...
Gold: New trading day recommendation and road map The market of Gold is under the control of the bulls these days. Thus, they received 2656 assists yesterday and might remain strong in the next week. Besides this, when a bullish trend dominates...
What is bullish rectangle chart pattern in forex trading. What Is a Bullish Rectangle Chart Pattern? Let’s consider a live-market bullish rectangle example. In the chart above, you can identify the rectangle formed due to a pause in an uptrend....
