AUD/USD: Today, during the European trading session, the price of the asset touched and bounced off the channel support level once again. This repeated action indicates that the price is consolidating, which means it is moving within a narrow range...
The chart provided illustrates the NZD/USD client positioning as tracked by IG Client Sentiment. This analysis focuses on the sentiment of traders regarding the NZD/USD currency pair over a specific period in early June 2024. Let's break down the...
In the realm of currency trading, the EUR/USD pair has sustained its upward trajectory, maintaining its bullish momentum on Tuesday. This enduring trend signifies a notable surge, which warrants a meticulous examination to grasp its intricate...
USD/CHF H-1 (US Dollar / Swiss Franc). An optimal trading plan can be developed for an instrument on the H1 time frame, as there is a good opportunity to execute a profitable trade in the market at that time with a high probability of successfully...
Technical analysis of the USDJPY pair Daily chart Yesterday's trading was bullish until the middle lines of the price channels were touched, which led to the price falling and closing again below the red channel. When we follow the price movement...