The pair made cautious gains on Monday amidst a backdrop of a resilient DXY, buoyed by robust June jobs data. This positive economic indicator has tempered expectations of multiple Federal Reserve (Fed) interest rate cuts in 2024, as reflected in...
In the early trading hours of Monday's Asian session, the pair is seeing some upward pressure, hovering around 0.6744. However, this ascent is tempered by renewed demand for the US Dollar (USD) following the release of stronger-than-expected US...
Alright, let's take a look at what's been going on with the old USD/CHF, shall we? According to the EMA, it's been in a bit of a downward spiral lately, with a period of 13.49. Not too shabby, eh? Sounds like we might be able to find some sweet...
In forex trading, a bullish trend refers to a market situation where the price of a currency pair is rising or is expected to rise over time. Traders often see this as an opportunity to buy a currency in anticipation of further price increases. On...
NZD/USD H-1 TIME FRAME CHART. NZDUSD currency pair - chart. Buyers dominated last week, however, the US dollar weakened not only against the New Zealand dollar, but almost across the entire market spectrum, with a few exceptions. The wave structure...