Tag: Technical analysis
Broadcom vs Nvidia: AI Top Dog Battle (NASDAQ: AVGO)
Broadcom and Nvidia are two major players in the AI industry, both competing for the top spot in the market. Analysts have been closely...
NZD/JPY Price Analysis: Bearish Momentum Persists
The NZD/JPY pair continues to show a bearish trend, breaking through important support levels with consistent negative movements. The possibility of a turnaround depends...
Trading Heroes: The Challenge of Making the ‘Hero Trade’ | ForexLive
The market is at an interesting point right now. Despite the good economic conditions and companies still making profits, there are some challenges in...
Gold Price Outlook: Weekly Gain of Over 2% Despite Falling from Daily Highs
Gold prices experienced a rollercoaster ride this week, hitting a high of $2,477 before dropping to $2,430, marking a 0.60% decline in value. This...
NZD/USD Price Analysis: Mild Uptrend Develops as Bears Pause
The NZD/USD pair has been following a bearish trend, but there are signs of a slight uptrend developing. The pair reached 0.5960 towards the...
Rebound of EUR/USD post-NFP miss drives Greenback down
The EUR/USD pair saw a rebound on Friday after poor US Nonfarm Payroll (NFP) data led to a decline in the value of the...
USD/JPY Forecast: Downtrend Continues Amid Disappointing NFP Data
The USD/JPY pair experienced a significant decline following the release of disappointing US jobs data in July. The Nonfarm Payrolls (NFP) figure fell well...
AUDUSD Drops to 2-month Low: Expert Analysis and Forecast
AUDUSD has been on a downward trend since July 11, dropping to its lowest level since May 1. The pair has broken both its...
USD/CAD Forecast: Bullish Impulse Signals Breakout Opportunity
USDCAD has been on the rise since the Bank of Canada reduced rates by 25 basis points last week. Currently, the price is testing...
EUR/USD struggles to break above 1.09 resistance in light Friday trading
The EUR/USD pair experienced a slight uptick on Friday, although it remained in negative territory for the week overall. Market sentiment has been primarily...