EUR/USD Outlook: Buyers Remain in Control as 1.1710 Comes Into Focus EUR/USD is continuing to surprise me with its strength. The scenario I originally had in mind was not the one that eventually developed. Instead of giving sellers the opportunity...
USD/CHF on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors USD/CHF is trying to steady itself around the 0.8000 area, but the broader picture still favors the Swiss franc. The pair dropped as low as 0.7949 on August 20,...
Support Breakout Retest Entry Support is one of the most important concepts in technical analysis. It represents a price area where buying pressure has previously been strong enough to stop or slow a decline. However, when price breaks below a...
EUR/USD Outlook: Buyers Still Have the Advantage EUR/USD is currently holding a bullish short-term structure, and for now I still prefer to follow buyers rather than look for aggressive short positions. The pair is trading around 1.16896, while the...
NZD/USD Outlook: Buyers Push Higher, but the Upside Is Getting Limited NZD/USD is in an interesting position on the daily chart. The broader wave structure is still pointing downward, so I cannot completely ignore the bearish picture. At the same...
