The NZD/USD pair is currently trading near the pivot point of 0.5950, which plays a critical role in determining the next movement. If the price rebounds from this level, resistance zones near 0.6004 and 0.6027 could become the next targets for...
CHF / JPY: Trading Suggestions The Swiss Franc has been losing value since the start of the current week. Consistent weakness in the currency led the market of CHFJPY to push downward, and as a result, the price hit the 172.65 level. That level...
The GBP/USD pair is expected to rise, with a potential target of 64 to 90 pips higher in value. The pivot point for this analysis is located at 1.3284, which serves as a key level for traders. As long as 1.3284 holds as support, the market sentiment...
Fibonacci for Entries and Exits in Forex Trading: A Guide for Newbies In the vast and dynamic world of Forex trading, mastering effective tools for analysis can be the difference between success and failure. Among the many technical indicators,...
USD/CHF Technical View I am looking at the 4-hour timeframe; the market price is moving upward but recently dropped below the primary resistance level at 0.8250. After breaking through the support level, the price faces resistance at 0.8255. Once...