I am glad to hear that the NZD/USD trade has been going well. I have decided to close my long position after the price updated the previously formed high, even though I recognize that the price could continue to rise until the market closes. I feel...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Hello fellow traders. Welcome to my most recent post analysis of the GBP/USD market. Let's find out how the price of a currency pair has changed over time and how the market has reacted. GBP/USD is...
The USD/CHF chart on the H1 timeframe shows a recent downtrend, with the price currently hovering around 0.8992. The Bollinger Bands are visibly widening, indicating increased volatility. The price recently touched the lower band and is now...
The USD/CAD pair has extended its decline, hitting a fresh two-week low near 1.4160 during Friday’s North American trading session. This downward movement is primarily driven by a weakening US Dollar (USD) following the release of disappointing US...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Hi all, Well, I hope you all are good. We will evaluate the performance of USD/JPY in this trading session. USD/JPY is trading at 152.30 at the time of writing. If we consider candles and their...