Technical analysis of NZDCAD The NZDCAD pair is currently exhibiting a bullish trend, with prices continuing to move upward. At present, the market is trading at 0.8020, reflecting sustained buying interest. The prevailing momentum suggests that the...
USD/CHF As of today, I'm closely monitoring USD/CHF, and the pair is moving with a clear bearish bias driven by both fundamental and technical dynamics. Fundamental Analysis: The Swiss franc continues to benefit from safe-haven demand, especially...
USDCAD Analysis The USDCAD daily chart clearly shows that the previous strong uptrend has collapsed structurally and we are now in the early stages of a major decline. Prices have been fluctuating continuously since mid-September 2024, reaching new...
The USD/JPY currency pair is currently showing a significant technical formation on the chart: the inverse head and shoulders pattern, which is a well-known reversal pattern that often signals a potential shift from a downtrend to an uptrend. This...
The New Zealand dollar is strengthening due to improved risk sentiment globally and upbeat commodity market performance, which directly benefits NZD as a commodity-linked currency. Meanwhile, the US dollar has been under slight pressure following...
