The Non-Farm Payroll (NFP) report is one of the most impactful economic indicators in the world of Forex trading. Released on the first Friday of every month by the U.S. Bureau of Labor Statistics, the NFP measures the change in the number of...
The USDCHF currency pair on the daily chart has experienced minimal directional change over the last week, with prices fluctuating while showing a slight decline within the overarching downtrend. The wave pattern on this longer timeframe appears to...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. Market prices have fallen completely, breaking every support level that fell, and now the market prices have reached historic levels of price appreciation. The market will...
Hello. Regarding the EUR/USD currency pair, I am currently considering a buying opportunity based on my analysis. My initial trading idea is to enter a long position at the price level of 1.1510, with a target take-profit level set at 1.1567. This...
EUR/USD During the North American trading session on Tuesday, the EUR/USD currency pair saw a significant drop to approximately 1. 1470 after reaching a high of 1. 1575, which is the highest level observed in more than three years. This decrease...