USDCHF Technical Forecast The USD/CHF pair is facing significant pressure in the easy 50-pip range, so selling pressure could increase again after three consecutive increases. The fact that both factors remain below the threshold value indicates...
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I often find myself reflecting on the nature of the market, especially during periods of inactivity. I think it’s interesting how, when nothing significant happens, we tend to overanalyze and search for reasons behind the lack of movement. I believe...
NZDUSD Analysis The NZD/USD pair continues to post strong gains and reaches key resistance at 0.5780. The pair rebounded from recent lows and continued to climb above key moving averages. However, the price action has formed a rising wedge pattern,...
Currency pair GBPUSD - consider the chart of the H4 period. This week began with some growth that died down. And the pound got stuck in place. The euro dollar gave a downward correction, and the pound could not yet. And at the beginning last week on...