The USD/JPY currency pair has clearly been dominated by buyers this month. Since the trading sessions in March, the price has been moving in a bullish trend, and as of last week, it reached the price level of 157.48. This upward movement increases...
Forex and Cryptocurrency Forecast for 17 – 21 June 2024 EUR/USD: Hawkish Sentiments of the Fed As expected, the key day of last week was Wednesday, 12 June. After the publication of inflation data in the USA, the dollar came under strong pressure....
USD/CHF Pair Analysis: As we observe the USD/CHF pair on the H4 chart, the current price is hovering around the 0.8957 level. Despite the release of the FOMC news yesterday, there hasn't been a significant impact on the market. Since the beginning...
NZDUSD H1 The NZD/USD currency pair on the weekly timeframe has shown a significant rise in value. Recently, the pair managed to break through an important resistance level of 0.61669. This breakthrough then triggered additional upward momentum,...
WHAT IS PIVOT POINT IN FOREX TRADING Pivot points are a popular technical analysis tool used in Forex trading to predict potential support and resistance levels. They are calculated based on the previous day's price action and are used to identify...