GBP/USD: The GBP/USD exchange rate is holding onto its daily gains near 1.2800 following the release of weak US jobs data. The US Nonfarm Payrolls report showed a significant miss, with only 114,000 jobs added in July compared to the expected...
Forex supply and demand zone. Supply And Demand Zones Introduction A supply zone replicates the situation where there is an excessive supply, so an area of supply would be a zone where many traders are holding , and these investors are also willing...
NZD/USD H-4 Time Frame Chart The two extreme candles of the NZDUSD currency pair showed bearish action on Friday evening, but they did not defeat the bullish sentiment and the upward pull. But there is a double top, maybe even a triple one, forming...
USD/CHF Currency Pair Analysis and Forecast Current Market Situation The USD/CHF currency pair has been experiencing a significant downward trend recently. The pair closed at 0.8580, reflecting ongoing pressure on the US dollar. Given this trend,...
USD/CHF Analysis and Forecast Current Market Conditions In the current trading environment, the USD/CHF pair is showing a pronounced bearish trend, with the price recently closing at 0.8580. This ongoing decline is influenced by the weakness of the...