The chart provided is a detailed technical analysis of the NZD/USD currency pair on a 4-hour timeframe from TradingView. It employs several key technical analysis tools and indicators, including Fibonacci retracement levels, a trend line, and volume...
The provided chart is of the EUR/JPY currency pair on a daily timeframe. Let's break down the various elements and trends visible in the chart: ### Trend Analysis 1. **Current Trend**: The EUR/JPY pair is currently in an upward trend, as indicated...
Regarding the broader market performance, a note from iForex Europe, a foreign exchange trading company, highlights that the US dollar has been on the rise, largely due to increasing Treasury yields. This rise in Treasury bond yields is attributed...
GBP/USD Forum Analysis,Forecast Even though on Friday the decline in gbpusd was very deep, on Monday gbpusd was still able to continue its decline. When the market opened gbpusd immediately fell to the price of 1.2680. It turns out that what gbpusd...
The US dollar (USD) gained strength against the Swiss franc (CHF) on Monday as expectations for a Federal Reserve interest rate cut in September weakened. Strong labor market data in the US has led investors to believe that the Fed will keep...