•••NZD/USD Analysis — November 14, 2024••• The NZD/USD pair remains at a pivotal point as both New Zealand’s economic resilience and the shifting stance of the U.S. Federal Reserve continue to shape its movement. This combination of domestic...
The USD/CAD currency pair is currently retracing after several days of substantial gains, as it tests the limits of its upward channel. Traders are closely watching the pair’s reaction to key technical levels to determine if the USD/CAD will break...
EUR/USD continued to drift into the basement on Wednesday, clipping into a 54-week low and settling within touch range of 1.0550. Fiber continues to shed weight on the charts as broader FX markets pivot full-bore into holding the Greenback. US...
Potential Trade Targets Analysis in Currency Trading In the H4 time frame chart, I have identified a few targets for selling the EUR/USD currency pair. The first target is at the 162.56 Fibonacci extension level, approximately 1.0590. This level is...
Technical Outlook for the GBP/USD Currency Pair The GBP/USD currency pair is trading below the significant resistance area of 1.3067, which has historically prevented the pair from rising further. The pair is now heading towards a crucial support...
