USD/CHF Analysis: Bearish Trend with Potential for Reversal Overview The USD/CHF currency pair has recently witnessed a significant crossover between the 50-period and 200-period Exponential Moving Averages (EMAs) on the H1 time frame. This...
The Reserve Bank of New Zealand (RBNZ) has been compelled to adopt an aggressive policy-easing approach due to declining inflationary pressures, weakening labor demand, and sluggish business activity. Meanwhile, the U.S. Dollar faces headwinds as...
update Thursday – February 06, 2025 Good morning friends. Meet again in my very simple trading journal, may we all always be in good health and always have everything easy, smooth business and abundant fortune. As usual I will share daily analysis...
The NZD/USD H1 chart presents a well-defined trading range with key levels of support and resistance shaping the price action. The current price is around 0.5656, which aligns closely with a critical resistance-turned-support zone. Observing the red...
USDCAD Daily Chart Analysis – A Comprehensive Overview The USDCAD currency pair is currently at a crucial juncture, having recently tested the significant resistance level at 1.4470. If this level is breached, the next target could be as high as...