The GBP/USD pair is currently at a crucial turning point, with technical indicators providing mixed signals. The Stochastic %K (14, 3, 3) is neutral at 66.67, suggesting the market is neither overbought nor oversold. However, the Stochastic RSI Fast...
The Spot price has been facing significant headwinds recently, with multiple factors influencing its performance against the US Dollar (USD). As of now, the price is hovering around the 1.2667 region, and traders remain cautious. While the recent...
I think shorter timeframes, 15 minutes or less, are more suitable for scalping—ideally 5 minutes. On the 1-minute timeframe, there's too much noise and a high likelihood of completely random price movements. However, some traders who trade momentum...
The EUR/USD pair continues to face significant headwinds, with the Euro grappling with a range of economic challenges in the Eurozone, while the U.S. Dollar (USD) remains surprisingly strong. The Greenback's resilience is driven by both economic and...
XAU/USD (Gold) continues to be a focal point for investors amid an environment marked by uncertainty and volatility. As of the latest trading data, gold is maintaining a steady price around $2,642 per ounce, yet the broader outlook for the precious...