Crude oil prices are once again playing a pivotal role in shaping the direction of the pair. As the world’s largest supplier of oil to the United States, Canada’s economy and currency remain highly sensitive to fluctuations in oil markets. A rebound...
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Non-Farm Payroll (NFP) Strategy in Forex Trading Introduction In the world of Forex trading, economic data releases are crucial catalysts for market movement. One of the most influential among these is the Non-Farm Payroll (NFP) report. Published...
The NZD/USD currency pair is currently trading at around 0.5980, which is significant because it falls within a sell zone identified by the Envelopes indicator on the hourly chart. The Envelopes tool, which helps traders identify overbought and...
Technical analysis USD/CHF In a detailed analysis of the USD/CHF currency pair on the daily chart, the price has recently broken the uptrend line at 0.8310. It continues pushing through previous peak levels, suggesting that the bullish trend remains...
