Analyzing the current situation with the euro/dollar and pound/dollar pairs, I observe that the market is in a state of uncertainty, particularly with the euro/dollar trading slightly below its local high of 1.0875. I note that the pair is currently...
GBP/CAD Greetings and Good Morning, guys! The market of GBP/CAD crossed the 1.8551 zone yesterday, showing that the bullish scenario can help the buyers remain more. This breakout indicates strong buying pressure, suggesting that the uptrend may...
I am currently analyzing the NZD/USD currency pair with the intention of opening long trades. My preliminary trading strategy involves entering the market from the 0.5715 level, targeting the 0.5778 level. I believe this setup is supported by the...
The EUR/USD pair entered a phase of consolidation on Monday, initiating the new trading week with a relatively subdued tone as market participants braced themselves for a data-intensive week of US economic releases. Equity markets experienced...
USD/CHF As of today, USD/CHF is showing some interesting movements driven by both technical and fundamental factors. Here's my take on the current market conditions. Technical Analysis: Right now, USD/CHF is leaning bearish. The pair is hovering...