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The NZDUSD spiked up yesterday as the RBNZ surprised markets with a 50bps rate hike (the forecast was for 25bps). With the interest rates now at 5.25%, it is just 25bps shy of the peak rates of 5.50% previously indicated by the RBNZ.  Following the spike up, the NZDUSD retraced the move to trad

Possible upward movement of the pair. Price is currently in the trading zone with significant volume holding a significant stop near the pivotal 55 period EMA in my strategy for trend continuation analysis. I see a pattern known in my strategy as the ABC pattern, which indicates a range close to the

Price is bouncing in a descending parallel channel in the 4H time frame and has formed a bearish structure. Currently, as you see on the chart, price is approaching to the yellow support zone around 1.2990 which has pushed the price to the upside for several times in the past. Since the price struct

EU is continuing to follow structure to the downside. Waiting for price to retrace back to this order block for a sell entry at 1.10070 with a stop above the high. Setup should come during London session. Liquidity is below the area I'm looking to sell. Price should take out that liquidity while fil

GBPUSD has been trading within this channel since early February, after testing the top side 3 times, it generated enough bearish pressure to break a lower low. Looking for a pullback into the supply zone at the top of the channel to then further short to the bottom of the channel. What is your anal