Today, we observed a bullish scenario in the NZD/USD market as it successfully crossed the 0.6245 zone. New Zealand’s GDP rate came out better than expected, providing support to the NZD/USD pair. Traders who follow a macroeconomic-based approach...
The formation of an upward pattern in the USD/CAD pair signals a potential continuation of the bullish trend. Currently, the level of 1.3485 serves as a critical area of interest for long traders, as this level could act as both support and a...
Good afternoon, Invest Social members! I hope everyone is doing well and enjoying their trading experiences on this platform. Today, I’d like to delve into the USD/CAD currency pair and share some insights from my recent trading activities. Focusing...
The USD/CHF currency pair is currently trading around 0.8542, and the overall market trend appears to be on the bearish side. This decline indicates that the U.S. dollar has been weakening against the Swiss franc. A bearish trend is often marked by...
In conclusion, while the EUR/USD is moving slowly now, it is wise to remain cautious as market conditions can change rapidly. Traders should monitor economic data and central bank decisions closelyeuro is losing ground against the U.S. dollar,...