As I analyze the NZD/USD pair, it appears that the market has been stagnant for weeks, with no significant movements. I believe that the current situation calls for continued analysis and patience, waiting for a breakout from this deadlock....
Gold H1 chart: The price of gold is trading at 2884 and continuing its downtrend. The resistance level on the H1 chart is 2890, and the support level is 2865. In addition, the RSI at 35 indicates that gold is nearing oversold conditions. The gold...
I agree with the analysis, and I believe the current market situation presents an interesting opportunity. I think there is a strong support zone between 158.96 and 158.55, which could serve as a key level for potential buying opportunities. If the...
The Job Openings and Labor Turnover Survey (JOLTS) is a monthly report published by the U.S. Bureau of Labor Statistics (BLS) that provides valuable insights into the U.S. labor market by measuring job vacancies, hires, and separations. This data is...
In analyzing the USD/CHF pair on the daily chart, I observe that the market initially exhibited an upward trend, which was followed by a period of consolidation within a narrow range. This upward momentum was eventually broken, leading to a shift in...