The provided NZD/USD H1 chart presents a comprehensive view of price action over several weeks, showing fluctuations between approximately 0.5500 and 0.5730. The red moving average, likely a short-term indicator such as a 50-period SMA, reveals how...
Wednesday, February 12, 2025 Good night fellow forex traders. I am very sure that all fellow members are ready to continue their routine activities. Wednesday is the last day of the midweek trading session, let's make good use of it to increase our...
reface to EUR- CHF MovementThe EUR- CHF brace has displayed strength at the morning of this week, demonstrating a brio back from the demand area above 0.93588 on the diurnal time frame. Accordingly, the price has returned to the vicinity of the...
Technical Analysis: EUR/USD holds key support of 1.0300 EUR/USD edges higher ahead of the US CPI data for January, which will influence the Fed’s monetary policy outlook. European Commission President Ursula von der Leyen has threatened to take...
Based on the current NZD/USD chart, the price has faced downward resistance at the 0.5673 volume level, as indicated by the red arrow. This level has repeatedly rejected upward movement, suggesting that there may be no significant interest from...