General Points about AUDUSD: The AUDUSD market has now climbed to the 0.6325 level, mainly because recent U.S. FOMC Meetings and the Empire State Manufacturing Index didn’t provide much support for the USD. As a result, AUDUSD buyers have been...
Core Points about NZDUSDue to continuous negative news data, the U.S. dollar is under significant pressure and is losing its value. At the moment, the NZDUSD market is trading at the 0.5876 level, following a bullish trend. Recent weakness in the...
General Points about USDCAD: Basically, due to the negative Empire State Manufacturing data from the U.S., the value of the U.S. dollar has declined, and sellers have become even stronger. The recent release added pressure on the dollar, reducing...
EURCHF Analysis The chart of the EUR/CHF pair family shows a major structural breakdown following the completion of a rising wedge pattern that has been forming since early December 2024. This uptrend structure is defined by rising highs and lows,...
The daily chart of the NZD/USD pair shows a significant change in the trend structure, indicating a transition from a long-term downtrend to a sharp bullish breakout. On most charts, the price has confirmed a persistent bearish environment with...