The GBP/USD pair experienced a two-day downturn, breaking below the 1.3200 level. This reversal marked a significant shift from the bullish momentum that had characterized the market for the past few weeks. The lack of significant economic data from...
H-1 Chart Technical Outlook NZD/USD Another trading day is about to end. How can I see further direction of NZD/USD? I drew the Fito on the chart and it turned out to be more northerly. NZDUSD (New Zealand Dollar / US Dollar). I recommend making...
The spot prices extended their gains into the late US session on Thursday, approaching a multi-day high around the $2,530 mark. However, the recent uptick has been overshadowed by a strengthening US Dollar, which has been a significant factor...
The USDCHF currency pair shows a well-established downward trend on the four-hour chart. This market environment suggests it would be advantageous to sell the pair. Technical analysis indicates several signals for a selling opportunity, such as a...
Gold prices remain strong, rising even with positive US economic news. Normally, good economic data like the revised Q2 GDP growth and fewer unemployment claims would boost the US Dollar and increase Treasury yields, which usually puts pressure on...