I observed that the pair was trading within a range, and when it approached the minimums at 0.55442, I noticed that the buyer was gaining volume. I assumed that the pair would likely go up, anticipating a trend reversal. I based this assumption on...
The USD/CHF H4 chart shows a clear uptrend that peaked around the 0.9160 level before retracing towards the current price of 0.8974. The price action demonstrates a strong bullish move that started in mid-September, with higher highs and higher lows...
The EUR/GBP currency pair continues to exhibit a bearish trend as price action remains subdued below the critical resistance level of 0.8288, which acts as a formidable barrier against upward movements. The inability of buyers to push the price...
The NZD/USD currency pair continues to exhibit strong bearish momentum, as price action remains unable to break above the crucial pivot level of 0.5765, which serves as a key resistance zone preventing any sustainable upward movement. As long as the...
The outlook for the US Dollar and bond yields remains robust as the Federal Reserve is anticipated to deliver fewer interest rate cuts this year, buoyed by an upbeat economic trajectory. Market sentiment is further strengthened by optimism...
