Economic indicators play a pivotal role in forex trading by providing traders with data that can influence currency values and trading strategies. These indicators include statistics such as Gross Domestic Product (GDP), inflation rates, employment...
EURUSD Technical Analysis H1 Timeframe As of the H1 chart observation, the EURUSD currency pair is trading at 1.10469, maintaining bullish momentum after a steady climb from the support region of 1.09485. Utilizing the Zigzag indicator, we can see a...
USD-JPY PAIR FORECAST Market conditions for the USDJPY currency pair last week were still moving in a bearish trend direction, the price decline in my opinion is a continuation of the market trend in the previous week which is still continuing...
The EUR/USD currency pair shows bullish potential as long as the 1.1016 support level continues to hold firm during current sessions. Technical analysis indicates the RSI is maintaining its position above the 50 threshold, suggesting a sustained...
NZDUSD Daily Forecast The daily chart of the NZD/USD pair shows a downtrend that has been ongoing for several months, with consecutive highs and lows confirming the current downtrend. The downtrend began in early September 2024 near 0.6050 and the...
