Analysis and Trading Strategy for USDCAD: Hello, traders. Let’s delve into finding the precise entry point for the USDCAD pair on the chart. After a thorough analysis, I am inclined towards selling the instrument from the 1.38166 level. This...
NZD/USD PAIR The New Zealand dollar (NZD) has seen a remarkable increase over the last three days, reaching approximately 0.6120 against the US dollar (USD) during European trading on Thursday. This increase is attributed to the weakness of the USD,...
**USD/CHF Price Movement: An Analysis** The USD/CHF currency pair is exhibiting a notable bullish trend, showing no signs of a downward movement. This trend is expected to persist into the coming week, particularly as the market anticipates a rate...
Initially, the euro tried to rally during the trading week but encountered resistance at the 1.09 level, sending the market lower. The euro later fell to 1.08 before rebounding. Overall, this market is still noisy and remote, making it hard to get...
### EUR/USD Currency Pair Analysis The EUR/USD currency pair experienced a notable decline on Thursday, falling to a crucial support level of 1.0900. This downward movement is part of a broader trend driven by the strengthening of the US dollar and...