•••USD/CHF: What’s Moving the Market Today?(January 6,2025)••• • As the new year kicks off, the USD/CHF pair is holding steady around 0.90946, up by about 0.12% in the past 24 hours. For traders, this gives us a chance to dive into what’s happening...
The NZDCAD pair's opening prices this week were above the pivot point of 0.8099, indicating a possibility of an upward movement. However, the overall trend remains bearish. The price increase is only a temporary correction phase, likely to continue...
Recent Strong Bullish Momentum in USD/CAD The USD/CAD currency pair has demonstrated significant bullish momentum in recent days, with buyers successfully crossing the critical level of 1.4400. This development indicates a favorable market sentiment...
GBP/JPY Market Analysis Good Morning to everyone! The market of GBP/JPY reached the 195.36 zone on Friday, marking a significant level that captured traders' attention. The UK Construction PMI is the only notable news event that could provide some...
USD / JPY: An Hourly Time Frame Road Map This overbought level of 157.26 indicates that the bears or sellers will likely pull back, as the market reaches a point of resistance. The price has pushed too high without a clear retracement, and sellers...