NZDUSD TECHNICAL ANALYSIS It can be seen that the bullish movement in the NzdUsd market has started since the early trading period of last month, which is one of the evidences that buyers dominate the market. Since the beginning of the week, the...
USD/CAD Outlook Greetings and Good Morning guys! The Canadian CPI rate was not too bad. Also, the BOC's Monetary Policy and Overnight rates made the Canadian dollar weak. Therefore, the market had crossed the 1.3945 zone successfully. Moreover, we...
AUD/USD AUD/USD is still feeling the pressure today, slipping below 0.6450 again. From what I’m seeing on the charts, the pair is firmly stuck in a bearish channel. Every time it tries to push higher, sellers step in around the 0.6500 level. The...
ANALYSIS OF NZD/CHF PAIR. On the NZDCHF H1 chart, the overall price action reveals a significant bearish momentum that emerged strongly in early April, with price plunging sharply from the 0.4890 level and bottoming out near 0.4635. This aggressive...
Breakout trading is a popular strategy among traders seeking to capitalize on significant price movements in financial markets. This approach relies on identifying key levels of support or resistance and entering a trade when the price breaks...
