The NZD/USD pair is currently under pressure, with multiple indicators suggesting a potential downside move if key support levels are breached. The pair has been testing significant zones, indicating that buyer strength is gradually weakening, which...
Leverage 1 to 2000 Introduction Forex trading, also known as foreign exchange trading, is the world’s largest financial market. Traders buy and sell currencies with the goal of profiting from changes in exchange rates. One of the most appealing...
The spot price experienced significant declines at the start of the week, hitting a fresh weekly low of 1.3355 against the US Dollar (USD) on Monday. This drop came after Federal Reserve Chair Jerome Powell adopted a surprisingly dovish stance...
Riding the Waves: EUR/ USD Prices Today's focus is on analyzing the price movements of the EUR/ USD currency pair. On the H4 chart, I had set a bullish buy zone, likely at 1.11791. I bought in at this level, expecting a moderate rise to 1.12291,...
The GBP/JPY pair has made a notable upward move from its lowest levels of 2024 after a key policymaker hinted that the Bank of Japan (BoJ) might pause further interest rate hikes due to the yen's sharp depreciation in July and the recent volatility...