After a three-day slump, the currency pair has reversed its downward trajectory, trading near 1.1050 during the Asian session on Friday. This rebound is primarily due to a softened US Dollar (USD), influenced by growing expectations of a dovish...
The USD/CAD 4-hour chart depicts a clear bearish trend that has been dominant since early August, following a significant rejection from the 1.39000 resistance level. This rejection marked a turning point, as the pair failed to maintain its previous...
NZD/USD Despite the risk-off market mood, the New Zealand dollar pared some of its losses on Friday. The pair NZDUSD closed this week at 0.6075 at the close of the market. It is the US Nonfarm Payrolls report, which is so mixed, that traders are...
USD/CHF D1 chart We analyze the live dynamics of the pricing movements of the USD/CHF currency pair. In a separate analysis, I am monitoring the USD/CHF currency pair on a 30-minute time frame, utilizing the Bollinger Bands and vertical tick volume...
EUR/USD analysis EUR/USD has rebounded from the middle line of the channel and the weekly pivot level, and the price is trading in a reasonable selling zone. This week, the price traded within price channels with a sideways trend and within the...