The NZD/USD currency pair is currently trading around the level of 0.5769, which is considered a psychological level and an important support area. On my chart, I have drawn a horizontal line at this level to highlight its significance for the...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis, the market price is rising, and now the market has started to break the 0.8354 support as it previously formed a haven for the market. The market is currently holding this...
I observe that the USD/CAD pair is currently consolidating within a well-defined range between 1.4307 and 1.4348, as highlighted by horizontal lines on the chart. I interpret this price action as a sign of market indecision, with neither bulls nor...
Negative reports on US Retail Sales and the Empire State Index weakened the US dollar, affecting the overall mood in the forex market. This weakness significantly contributed to driving the USD/CHF pair below important levels, as selling pressure...
Technical analysis of GBPUSD Today we will perform a technical analysis on GBP/USD. For this, technical analysis is required; we use different types of levels and indicators. If you look at the GBP/USD h1 time frame, the market price is currently in...