NZD/USD Price Move For the NZDUSD currency pair yesterday it opened at 0.5590. The price experienced an upward movement above the daily pivot point at 0.5592. However, the upward movement in this currency pair could not pass the price of 0.5600....
General Points about USDCAD This situation is quite damaging for the USDCAD sellers, as they continue to lose value in the market. This week, we saw that the Ivey PMI data for Canada was negative, signaling a weaker economic outlook. Even though the...
General Points about USDCHFresently, we saw that Switzerland's CPI rate was negative, which did not benefit the sellers as much as anticipated. The weak data from Switzerland failed to provide the expected support for sellers, leaving the market...
USD/CAD Price Movement Update The journey of the market trend from the 4-hour time frame for this week appears that the USDCAD pair has tried to rise towards the bullish zone but has not survived because until now the market has stopped in the...
Last week, I observed GBP/USD falling sharply, bringing the price to the 38.2% Fibonacci retracement level on the weekly timeframe. I noticed that this drop occurred in the second half of the week, and the price closed below the level. I believe...
