Market Overview The market has been in a sideways trend for an extended period due to a lack of significant economic data since the start of the week. However, an interesting development is expected this Thursday: the Swiss National Bank (SNB) is...
The NZD/USD currency pair is currently trading at 0.6338, reflecting a bearish trend. This indicates that the New Zealand dollar (NZD) is weakening against the U.S. dollar (USD). Several factors may contribute to this bearish sentiment, including...
The current exchange rate for USD/CAD is 1.3514, and the market is exhibiting a bearish trend. This downward movement suggests that the Canadian dollar may be strengthening against the US dollar. Several factors could contribute to this trend,...
The GBP/USD 1-day chart reveals a strong uptrend as the price currently trades around 1.33754, reflecting bullish sentiment that has driven the pair to break previous resistance levels. The recent price action highlights displaced liquidity (DLiq)...
technical indicator suggests that further price increases are possible. In this context, the price action indicates that buyers, or "longs," are likely to remain active around the 1.3395 level. This level has become a crucial point for traders who...