When I look at silver as a trading instrument, it feels like it is trying to reach its downside targets even faster than gold itself. This is somewhat unusual to me, because I typically associate faster, more aggressive moves with gold rather than...
Here’s a technical and fundamental analysis of GBP/USD on the H4 timeframe, based on the chart data provided, followed by a trade setup summary. Analysis On the H4 chart, GBP/USD is trading around 1.34846, having recently declined from a high near...
Good afternoon to all traders and analysts who are currently following the EUR/GBP currency pair. In my analysis, I am primarily focusing on how price behaves in relation to the Bollinger Bands, as well as incorporating vertical volume data to...
This morning, I observed a notable shift in market behavior as buyers managed to reverse the trend into a bullish direction on both the 4-hour and daily timeframes. This alignment between the two timeframes is particularly important to me, as it...
GBP/USD H1 Timeframe Analysis 23 April 2023 The GBPUSD H1 chart displays a market in a Consolidation/Neutral phase with a slight bearish tilt following a rejection of the 1.3600 psychological resistance level earlier in the week. Currently, the pair...