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...
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...
Somehow the Euro buyers have completely lost heart, yesterday the price already tested the level of 1.04, it’s good that they didn’t consolidate below it, and this is despite the fact that the buyers actually need to break through the current local...
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,...
GBPUSD Technical Analysis GBPUSD is currently trading at 1.26180 on the daily timeframe. After breaking a significant level at 1.28400, the pair has been in consolidation for the fourth consecutive day. The price is currently below the 150-period...
