Daily Time frame Analysis: The USD/CHF market is experiencing a sharp rise, breaking the resistance at 0.8210, suggesting sustained buyer pressure for the current week. The 100-day SMA is at a 50.00% retracement level, and if the USDX strengthens...
The Non-Farm Payroll (NFP) report is one of the most impactful economic indicators in the world of Forex trading. Released on the first Friday of every month by the U.S. Bureau of Labor Statistics, the NFP measures the change in the number of...
The USDCHF currency pair on the daily chart has experienced minimal directional change over the last week, with prices fluctuating while showing a slight decline within the overarching downtrend. The wave pattern on this longer timeframe appears to...
I hope you all are doing well and enjoying your trading journey. I’ve been going through a lot of valuable threads here on this forum, and I must say the insights shared by fellow members are very helpful and informative. Inspired by that, I wanted...
NZDUSD Analysis The daily chart of the NZDUSD pair reflects a significant change in the momentum of a possible bullish reversal from a long-term bearish trend. The price volatility from mid-2023 to early 2025 was characterized by a continuous...
