The EUR/USD pair extended its bullish run on Friday, achieving a multi-week high of 1.0500. This sustained climb above the 20-day simple moving average (SMA) indicates a potential shift in market sentiment, with buyers seemingly regaining control...
I am glad to hear that the NZD/USD trade has been going well. I have decided to close my long position after the price updated the previously formed high, even though I recognize that the price could continue to rise until the market closes. I feel...
The USD/JPY pair has extended its decline, trading near 152.60 during Friday’s European session, as the US Dollar (USD) continues to underperform against its major counterparts. This downward pressure on the Greenback is largely attributed to a...
The USD/CHF chart on the H1 timeframe shows a recent downtrend, with the price currently hovering around 0.8992. The Bollinger Bands are visibly widening, indicating increased volatility. The price recently touched the lower band and is now...
The USD/CAD pair has extended its decline, hitting a fresh two-week low near 1.4160 during Friday’s North American trading session. This downward movement is primarily driven by a weakening US Dollar (USD) following the release of disappointing US...
