The NZD/USD currency pair is facing significant challenges as reflected in its recent movements on the 4-hour chart. After bouncing off the critical long-term support zone between $0.55 and $0.56, the pair climbed to test resistance at the upper...
analysis in Forex: Fundamental Analysis: Fundamental analysis focuses on the economic, political, and social factors that influence the value of currencies. It examines all economic indicators and global events that can impact the foreign exchange...
The EUR/GBP hourly chart illustrates a market that transitioned from a downtrend to a period of consolidation, followed by a sharp breakout to the upside. Observing the price action, the initial bearish trend between December 13 and December 19 was...
Technical Analysis of USD/JPY Current Price Movement The USD/JPY market is experiencing upward price movement while attempting to alter its structure. Previously, the price experienced a decline aided by a trendline, but recently this trendline was...
Reading the USD/CHF Prices Our discussion centers on decoding the live USD/CHF currency pair's pricing movements. The USD/CHF pair has demonstrated strong bullish momentum on the daily chart, trading near the 0.9160 level as the market prepares to...