The pair remained steady near 1.3815 during early US trading on Friday, with traders showing a cautious stance as they awaited key economic reports. The Index continued its slide toward the critical support level of 103.80. As investors awaited the...
TRADING CHART ON NZD USD H4. The New Zealand dollar to US dollar exchange rate (NZD USD) did not show significant progress because the price movement tended to be sideways or range-bound. Last Friday, the US dollar index declined, weakening the...
The AUD/USD chart on the daily timeframe shows significant movements between well-established liquidity zones and key areas of interest. Price recently found support around the 0.6600 level, coinciding with a daily liquidity zone (DLiq), which has...
A 200 pip target in long-term forex trading refers to a profit target of 200 pips (percentage in pips) over a longer time frame, usually ranging from a few days to weeks or even months, depending on market conditions and trading strategy. You can...
The British Pound (GBP) continues to hold strong, bolstered by the Bank of England’s (BoE) decision to maintain interest rates at current levels and reduce its stock of government bonds by another £100 billion over the next 12 months. This steady...