The pair surged past the 1.2710 mark on Monday, buoyed by renewed investor optimism driven by expectations of potential rate cuts by the Federal Reserve. This optimism was fueled by the latest US Nonfarm Payrolls (NFP) report, which, despite beating...
NZDH4: 0.59473. The current pattern of the NZD/USD market presents an interesting opportunity for traders. For now, putting NZD/USD on buy may be strategically profitable. Today's market dynamics and where are buying opportunities for sellers are...
Certainly! When delving into the dynamics of trading the GBPUSD pair, precision and strategy are paramount. As of the latest update, GBPUSD stands at 1.2774, nestled within a zone of ambiguity bounded by key levels at 1.2767 and 1.2829. This...
NZD/USD M-5 At this point it is time to analyze the NZDUSD pair on the M5 timeframe. I have nothing on my chart except the Relative Exotics Index indicator, and the period I use is the standard value of 14. I hope that such a simple set of...
EUR/GBP Possibility of Downtrend: The pair has made a series of lower highs and lower lows since November 2023. Yesterday, the market opened at the 0.8519 level. During yesterday's trading session, it made a high of 0.8618 and a low of 0.8519. So,...