The NZD/USD currency pair is currently trading at around 0.5980, which is significant because it falls within a sell zone identified by the Envelopes indicator on the hourly chart. The Envelopes tool, which helps traders identify overbought and...
USD/JPY H4 Time frame Analysis: The H4 time frame analysis reveals that the moving average indicator has a steep upward slope, suggesting a strong bullish trend for USD/JPY. Last Monday, a bullish candlestick formed, signaling buyers control the...
USD/CHF I’m keeping a close watch on USD/CHF today as it trades around 0.8225, bouncing slightly off the recent low near 0.8040. That bounce has helped lift RSI out of oversold territory, which could suggest a pause—or at least a breather—in the...
AUD/USD Today I’m closely watching AUD/USD, as the pair is stuck in a bit of a tug-of-war between risk sentiment and macroeconomic cues. From a fundamental standpoint, the Aussie is feeling some pressure. The RBA minutes earlier this week came off...
Non-Farm Payroll (NFP) Strategy in Forex Trading Introduction In the world of Forex trading, economic data releases are crucial catalysts for market movement. One of the most influential among these is the Non-Farm Payroll (NFP) report. Published...
