I focused on the 1-hour chart for the NZD/CAD pair. I observed that after stabilizing in a downward direction on the evening of March 24, the price entered a horizontal trend. I will use this phase to develop my simple trading plan. I noticed that...
Geopolitical tensions in the Middle East and the ongoing Russia-Ukraine conflict are expected to provide continued support for the precious metal, a traditional safe-haven asset, in the near term. According to a Gold Council survey, major central...
The chart represents the NZD/USD currency pair in the H1 timeframe. The price movements are accompanied by Bollinger Bands and a Stochastic oscillator. The market appears to be in a consolidation phase following a prior uptrend and downtrend cycle....
Market participants are closely watching remarks from Federal Reserve officials later this week, hoping to gain insights into the future direction of US interest rates. Any hawkish comments from Fed policymakers could strengthen the US Dollar (USD)...
A potential US-EU tariff war poses significant risks to the already fragile Eurozone economy, which is grappling with weak demand. The growing uncertainty surrounding trade policies could put additional pressure on the Euro (EUR), potentially...
