The NZD/USD currency pair, currently trading at 0.5990, is navigating a bearish trend. While the market has been moving gradually, there is potential for a significant movement in the near future. Various factors could contribute to this, making the...
GBP/USD Market Forecast Greetings and Good Morning to everyone! The market of GBP/USD reached around the 1.2740 zone yesterday, positioning itself in a critical area between key support and resistance levels. This middle ground often presents a...
NZD/USD Daily H1 Timeframe Analysis Introduction In my analysis of the New Zealand/American dollar (NZD/USD) currency pair, I suspect that growth is unlikely to exceed the resistance level of 0.61003 on the daily H1 timeframe chart. I anticipate a...
EUR/GBP Analysis - August 7, 2024 Daily Chart Overview The daily chart for the EUR/GBP currency pair indicates that bullish momentum is strengthening. Sellers have found themselves trapped near the low of 0.83918, allowing buyers to regain control...
The US dollar to Swiss franc currency pair has been growing for the past few days. However, this growth occurred within the correction, as a downward trend can be observed on higher timeframes. Today, the price gave us a relatively good downward...