GBP/USD daily H1 timeframe chart Greetings. Today the British pound showed a pleasing performance as the quotes managed to rise, achieving my targets. The GBP/USD pair ascended to the middle boundary of the current trading range on the chart. After...
USD/CAD Tuesday saw a rise in the Canadian dollar as May's Consumer Price Index (CPI) inflation rate was marginally higher. The Canadian dollar fluctuated sharply against the US dollar throughout the American market day, hitting a record 14-day...
The USD/CHF currency pair has been interacting with its support levels quite a bit lately. It has encountered rejections at these support levels multiple times. This suggests a certain resilience in these levels, but it also raises questions about...
Certainly! Here's a detailed analysis of the NZD/USD currency pair: ## Analyzing the NZD/USD Currency Pair: Current Trends and Future Projections ### Current Status of the NZD/USD Pair As of now, the NZD/USD (New Zealand Dollar/US Dollar) exchange...
Understanding the Nature of Loss in Forex Trading, (1) The Reality of Losses: Forex trading involves significant risks due to the dynamic nature of currency markets. Losses can occur due to incorrect market predictions, poor risk management, or...