The NZD/USD currency pair is currently trading at around 0.5980, which is significant because it falls within a sell zone identified by the Envelopes indicator on the hourly chart. The Envelopes tool, which helps traders identify overbought and...
GBP/USD I’m watching GBP/USD today as it trades around 1.3280, pulling back from the recent high of 1.3423 we saw earlier this week. It looks like the pair is struggling to hold those higher levels, and momentum is starting to shift a bit. From a...
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AUD/USD Today I’m closely watching AUD/USD, as the pair is stuck in a bit of a tug-of-war between risk sentiment and macroeconomic cues. From a fundamental standpoint, the Aussie is feeling some pressure. The RBA minutes earlier this week came off...
GBP/USD technical analysis A look at the GBP/USD h4 time frame shows that the gold market price is in an uptrend and rising, currently between the 1.3390 resistance and the 1.3240 support. When the RSI indicator shows the current dip below 70...
