The GBP/USD (British Pound to US Dollar) currency pair is a significant player in the forex market, reflecting the economic and political dynamics between the UK and the US. As of now, the GBP/USD pair is trading around 1.2679, and the prevailing...
Analysis of the USD/CHF Pair: The USD/CHF pair is trading close to the day's opening level of 0.8935 and above the daily Pivot level of 0.8957, where a decrease in volume typically occurs. On the H1 chart, if the price remains above the 0.8928...
The GBP/USD currency pair displayed a lackluster performance on Tuesday, mirroring a broader market trend characterized by investor caution. The absence of significant economic data left traders hesitant to make decisive bets, resulting in the pair...
On NZD/USD on Friday, after a slight northward pullback, the price reversed and continued to push southward, resulting in the formation of a bearish reversal candle that was able to renew the previous day's low with its southern shadow. As I have...
The Euro (EUR) and US Dollar (USD) exchange rate (EUR/USD), nicknamed "fiber" by traders, remained stuck in a familiar trading range around 1.0700 on Wednesday. This stability comes ahead of a data dump expected on Friday, which is keeping market...