When I analyze the GBP/USD daily chart, I first look back at the price action that developed throughout May. From a technical perspective, the picture appeared relatively clear. A rising wedge pattern had formed earlier, and once the pattern was...
The Euro is showing renewed resilience against the US Dollar, with EUR/USD pushing back above the 1.1600 handle as improving European sentiment data helps support the common currency. While broader market participation remains cautious ahead of the...
NZDUSD 15m: Triangle Breakdown → Target 0.5796 - Current 0.58238 Kiwi 15m broke down after failing at the orange supply zone 0.5825-0.5830. Price squeezed in a triangle, wicked above 0.5830 to grab liquidity, then dumped. Current 0.58238 sits under...
GBPUSD Market Overview GBPUSD, commonly known as one of the most actively traded currency pairs in the global foreign exchange market. The pair reflects the relative strength of the British pound against the US dollar and is heavily influenced by...
USDCHF Daily Forecast USD/CHF Bears Test Critical Support as Fed Caution and Iran Deal Hopes Weigh on the Dollar The US Dollar is struggling to extend its recent recovery against the Swiss Franc as traders become increasingly cautious ahead of the...
