The pair saw renewed buying interest at the start of the week, reversing much of Friday's losses and trading around the 150.30 mark, a level not seen in over two months. By the early European session last Friday, spot prices remained steady around...
In Friday's trading session, the pair rose by over 1.11%, reaching 0.6720 and finding stability around 0.6725. This notable upward movement is largely attributed to the weakening of the US Dollar following comments from Federal Reserve (Fed) Chair...
TRADING CHART ON NZD USD H4. The New Zealand dollar to US dollar exchange rate (NZD USD) did not show significant progress because the price movement tended to be sideways or range-bound. Last Friday, the US dollar index declined, weakening the...
As we approach the 1.2650 level, we may encounter slight downside opportunities, which could allow traders to reassess their strategies. Those currently holding short positions should consider adjusting their trailing stops to protect potential...
The AUD/USD chart on the daily timeframe shows significant movements between well-established liquidity zones and key areas of interest. Price recently found support around the 0.6600 level, coinciding with a daily liquidity zone (DLiq), which has...