GBP/NZD H_1 GBPNZD - In the web of FIBO grid. In constructing my Fibonacci grid, including the previous day’s high, I set a Fibo level of 100-2.13339 on it. The Fibo level of 0-2.11719 is connected to the minimum. Next, I analyze the current market...
The EUR/USD pair is currently trading near 1.1185, reflecting a modest recovery in the US dollar. However, the overall bullish sentiment for the euro remains intact, supported by the Federal Reserve's clear signaling of a September rate cut and...
Technical Analysis of Foreign Exchange EUR/USD At the end of last week's trading, US Federal Reserve Chairman Jerome Powell said that it was time to cut the key US interest rate, confirming expectations that officials will begin reducing borrowing...
EURUSD H4 Analysis Market Overview The EURUSD pair is currently exhibiting a strong bullish trend on the H4 timeframe. Price action has formed higher highs and higher lows, indicating a sustained upward momentum. Key Levels Immediate Support:...
USD/CADrice Action Trading Presently, we analyze the USD/CAD currency pair's pricing movements. The currency pair has updated its current lows again, breaking through the support level of 1.3569 and now trading at 1.3504. The RSI indicator hovers in...