Today, I’m sharing my thoughts on the NZD/USD currency pair, which is currently trading around 0.5986. I’ve been following this pair closely over the past few weeks, and I’ve also been reading some excellent insights from other traders here—so I...
Structure Analysis The daily chart of the USDCAD pair looks mixed but ultimately bullish as the recent sharp decline in price has put pressure on the currency pair. Looking at the bigger picture, the market has been in a general uptrend since May...
The daily chart of the AUD/USD pair shows a significant change in the overall market structure after a sustained downtrend that dominated price action from mid-July 2024 to early March 2025. This trend was reinforced by continued pressure near the...
Technical Analysis in the Forex Market What is Technical Analysis in Forex? Technical analysis in the Forex (foreign exchange) market is the study of past market data, primarily price and volume, to forecast future price movements. It involves...
Today, the shopping managers' index (PMI) is consequently above 50, indicating enterprise enlargement, and underneath indicates contraction. There are two versions of this record released approximately every week Flash and the very last. The Flash...
