NZD/USD Greetings and Good Morning guys! New Zealand’s GDP rate was not too good to help the buyers of NZD/USD, which has led to a bearish sentiment in the market. The weak economic performance suggests that the New Zealand dollar may struggle to...
USD/CHF H1 Chart The USD/CHF market is currently downtrend and is trading at 0.8930 on the H1 (1-hour) chart. The price recently tested the 20 SMA, moving towards the support level of 0.8920. This support level is critical as it will determine...
EURUSD Technical Analysis EURUSD is currently trading around 1.0498 on the H1 timeframe, showing a strong bearish trend as the price remains below the 150-period moving average. The market has experienced a continuous decline, indicating persistent...
EUR/USD Technical Analysis and Forecast The EUR/USD market trades around 1.0497 in the H1 timeframe. It currently has support at 1.0450 and resistance at 1.0530. These levels are critical as they will determine the next potential price move. On the...
GBP/USD price forecast The US Dollar Index (DXY), which tracks the performance of the US Dollar against a basket of six major currencies, is attempting a modest recovery on Wednesday but remains near yearly lows at 106.50. Traders continue to weigh...
