AUD/NZD Price Analysis: A Comprehensive Overview Introduction The AUD/NZD pair represents the exchange rate between the Australian Dollar (AUD) and the New Zealand Dollar (NZD). This pair is particularly interesting due to the close economic ties...
Technical analysis of the GBPUSD pair 1-hour chart Since the beginning of trading today, the price has been trading in a sideways direction, as the price attempts to break the price channels downward. The price began trading today within ascending...
USD/CHF D1 Chart Analysis If the current downtrend momentum continues, the USD/CHF pair could move from 0.9036 to 0.9010. This zone is significant as it could provide buying opportunities for traders looking to take advantage of a potential bounce....
Yesterday, EUR/USD tried to climb higher again and even broke the previous day's high by a few pips. The pair opened Monday with a bearish gap, and it was precisely because of this gap that the euro could not show a more convincing rise. Although...
In Forex trading, risk management is crucial for long-term success, and two fundamental tools used to manage risk are stop-loss and take-profit orders. These orders help traders control their positions by automatically closing trades at predefined...