•••GBP/USD Update: Navigating a Quiet but Critical Moment(December 18,2024)••• The GBP/USD currency pair is in the midst of a subtle yet intriguing moment. As the pound lingers just above the 1.2690 mark, traders are on edge, watching every move...
The Kiwi pair saw a significant decline during Wednesday’s Asian session, dropping below the critical support level of 0.5720. This weakness in the Kiwi came as the USD extended its correction after plunging below the key support of 106.60, briefly...
I use Fib levels a lot, but sometimes flags and pennants work too. For reversals, head and shoulders is my go-to, but you gotta watch out for false breakouts. Always confirm with volume and other...
The spot price recovered to around 0.8940 during Wednesday's Asian trading session, recovering from a sharp sell-off the day before. This recovery is supported by a rebound, which gained some ground in a thin trading environment. However, while the...
General Points about USDCHF: USDCHF is currently trading at the 0.8937 level, reflecting ongoing volatility in currency markets. The pair has shown sensitivity to key economic indicators. Tomorrow’s upcoming events, including the US Final GDP,...
