The NZDUSD, also known as the renminbi, has recently experienced some volatility against the US dollar. While it initially faced downward pressure due to a stronger US dollar, it has since stabilized and recovered some of its losses. The Federal...
Technical analysis of the EURUSD pair During the previous two trading days, the price fell and then started moving sideways, which led to the opening of trading today inside the triangle marked in white, which is the common area between the price...
The Japanese Yen attracts some buyers after a stronger-than-expected Japan’s National CPI. A weaker risk tone and retreating US bond yields also lend support to the lower-yielding JPY. The Fed’s hawkish shift favors the USD and should act as a...
GBP / CHF: An Hourly Time Frame Road Map The GBP news data proved a good experience against the CHF. Thus, the price hit 1.1326 and a bullish scenario appeared. But, the sellers or bears will pull back and hit the 1.1300 level later. Also, judging...
Technical analysis of XAUUSD Today we will do a technical analysis of gold. The market is currently between support and resistance levels. The market has just crossed the resistance level and is currently supporting resistance with the next...
