NZDUSD H1 The NZD/USD currency pair on the weekly timeframe has shown a significant rise in value. Recently, the pair managed to break through an important resistance level of 0.61669. This breakthrough then triggered additional upward momentum,...
In Forex trading, a pivot point is a technical analysis indicator used to determine the overall trend of the market across different time frames. The pivot point itself is the average of the high, low, and closing prices from the previous trading...
WHAT IS PIVOT POINT IN FOREX TRADING Pivot points are a popular technical analysis tool used in Forex trading to predict potential support and resistance levels. They are calculated based on the previous day's price action and are used to identify...
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Forex and Cryptocurrency Forecast for 17 – 21 June 2024 EUR/USD: Hawkish Sentiments of the Fed As expected, the key day of last week was Wednesday, 12 June. After the publication of inflation data in the USA, the dollar came under strong pressure....