GBP/USD Creeps Into New High Ground—Here’s What’s Driving It (April 16,2025) Economic Outlook and Influencing Factors Sterling has been slowly building momentum for weeks, and today it punched through fresh yearly highs. GBP/USD is trading just...
On the 15-minute chart, GBP/AUD has completed a textbook rising wedge breakdown after forming higher lows and higher highs within a narrowing structure. The price action reached a peak around 2.0933, followed by a swift bearish reversal. This wedge...
The GBP/USD pair on the 15-minute chart (M15) is currently trading at 1.3240, showing minimal movement from its opening price of 1.3242, indicating a period of consolidation or indecision in the market. The narrow range between the high and low...
Forecast of USDCHF The USDCHF is currently undergoing a price correction within a range zone, as multiple technical indicators suggest that the asset was oversold. Observations on the H4 time frame chart reveal that the price has remained in this...
OIL DAILY OUTLOOK West Texas Intermediate (WTI) crude oil futures have entered a consolidation phase and have been fluctuating around 62.00 for the past few days. There has been a reluctance to enter the market, resulting in volatility and lower...