The USD/CHF pair has shown a bullish movement recently, with the price climbing to 0.90015 before experiencing a minor retracement. The current price of 0.89878 indicates that the pair is consolidating after testing the 0.90000 psychological...
The New Zealand Dollar (NZD) has experienced a significant decline against the US Dollar (USD) in recent days, reaching a multi-month low. This downward trend is primarily driven by a combination of weak domestic economic data and a stronger US...
USD/JPY Fundamental Analysis: The U.S. Federal Reserve's hawkish stance continues to support the U.S. dollar, with the possibility of further rate hikes being discussed. I’m paying attention to upcoming U.S. economic data, such as employment...
Support and Resistance in Forex Trading Support and Resistance are key concepts in technical analysis. They represent price levels where the market tends to reverse, stall, or consolidate due to the balance of supply and demand. What is Support? ...
The upcoming PMI data from both the Eurozone and the U.S. will be pivotal in determining whether the price can regain any bullish momentum. Market participants are closely watching these releases for signs of recovery in the Eurozone or continued...
