MD_Iris_Forex

MD_Iris_Forex Apr 21

The NZDCHF pair is showing strong signs of recovery as the New Zealand dollar gains support from positive economic data and expectations of interest rate hikes. Meanwhile, the Swiss franc is under corrective pressure after a prolonged rally. With a bullish reversal pattern forming on the technical chart and buying momentum gradually returning, NZDCHF has strong...

MD_Iris_Forex Nov 6, 2024

If it breaks through the key resistance near 92.00, this currency pair is likely to see further gains.

MD_Iris_Forex Nov 5, 2024

AUDCHF remains in an uptrend after completing a rising wedge pattern identified in an analysis four days ago. Today, the Reserve Bank of Australia's (RBA) decision to hold interest rates steady has fueled further gains. RBA is maintaining high rates to control inflation and support the labor market, as core inflation remains elevated and is expected to return to...

MD_Iris_Forex Nov 2, 2024

Polkadot (DOT) is currently experiencing a phase that could mark a significant shift in its price trend. Recently, DOT has shown growth signals through a "falling wedge" pattern, a technical indicator often suggesting potential for a bullish reversal. If the DOT price can surpass the $5 resistance level, it would signal a crucial step towards continuing the...