XAUUSD remains at the back foot on Wednesday and hit new two-week low, in extension of Tuesday’s 1.3% fall. However, fresh bears still face strong supports at 1975. Near-term bias is expected to remain with bulls while the action stays above 1975, though…

↪️ NZDJPY is trading in an uptrend in a local ascending channel perttan. And the pair broke and closed above a solid horizontal resistance on 4H. Meanwhile, after the retest of the broken structure I will be expecting a bullish continuation towards the target…

↪️USDCHF has been building a base in the form of an inverse head and shoulders (H&S) pattern around a two-year low of 0.8850 in over the past month, boosting hopes for a bullish trend reversal. Traders are currently waiting to see whether the pair will find…