The British Pound (GBP) attracted fresh sellers against the US Dollar (USD) on Monday, following a slight rise in the US dollar after a strong rebound from 1.3415 – this week's low – in the previous session. Spot prices are currently trading around...
EUR/NZD – 4-Hour Chart Analysis Inverse Head Shoulders Pattern Forming – Buy Signal Upon Confirmation One of the strongest bullish reversal patterns in technical analysis is the Inverse Head Shoulders pattern. When it appears after a clear...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis; the market price is between 2.2688 resistance and 2.2510 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
The Organization of the Petroleum Exporting Countries (OPEC+) and its allies convened at their Vienna headquarters on Wednesday to conduct a comprehensive assessment of the prevailing oil market situation. While this particular meeting did not yield...
The EUR/USD pair, after staging a strong recovery from its previous day's low of around 1.1200 (a one-and-a-half-week low), experienced a slight dip during the Asian session on Friday, May 30, 2025. Spot prices were then hovering around the 1.1300...