Market Fundamentals: Traders are closely monitoring China’s upcoming Loan Prime Rate (LPR) decision, particularly given its significance as a key trading partner for New Zealand. Market participants are anticipating potential stimulus measures aimed...
GBP/USD Hello. I think the same thing is happening here as with the eurodollar. The price dropped into local purchases, a test and is trying to rise in the resumption. On the left side there is still a breakout of the local maximum, its test too. I...
USD/CHF As of today, USD/CHF is hovering around 0.9060 after hitting a two-week low. The pair seems to be in a consolidation phase, lacking strong momentum in either direction. Technical Analysis: From what I’m seeing, USD/CHF is neutral. The RSI...
EUR/USD Technical Analysis In the H4 timeframe, EUR/USD was previously in a downtrend supported by a strong sell structure. However, market dynamics changed, and the price successfully broke out of the selling structure, signalling a possible trend...
Forecast of Silver Since the last several trading hours, the price of Silver has been declining on the H1 time frame chart, and the bears' strong momentum is to blame for this decline. The price has been declining overall since the day's beginning...