Over the past week, USD/CAD has experienced significant price movements, with an initial rise followed by a sharper decline. The week closed at 1.4300, a critical level as it marks the bottom of the range where the pair has been trading for several...
Technical analysis of NZDUSD Today we will be doing NZD/USD technical analysis. NZD/USD is the main currency pair in the forex market. The market is currently sitting between our support and resistance levels. NZD/USD remains bearish and is...
The upcoming inflation data will play a crucial role in shaping market expectations regarding the European Central Bank's (ECB) next policy decision. Traders have currently priced in a 25 basis points (bps) rate cut, which would lower the Deposit...
GBP/USD Reaches 1.2451 Amid Weak US NFP Data The GBP/USD currency pair experienced a notable bullish movement, reaching a high of 1.2451, primarily driven by disappointing data from the US Nonfarm Payrolls (NFP) report. This development has further...
H-4 Technical Outlook EUR/USD My target for the EURUSD pair was the 1.0260 - 1.0311 zone for the decline, and, as practice has shown,For now I will stick to the southern outcome, since on large timeframes we have a support breakdown and the whole...
