GBPUSD 15-Minutes Analysis: The GBP/USD pair picks up steam on Wednesday for the second day in a row and keeps rising until the middle of the European session. Spot prices have recently reached their highest point since mid-December, in the...
A trend line is one of the most basic yet powerful tools in technical analysis. It is a straight line drawn on a chart that connects a series of price points to show the overall direction of a market. By visualising where price has bounced in the...
GBP/USD is entering an interesting phase after spending several sessions under consistent selling pressure. Looking at the H4 chart, the broader trend has been bearish, as shown by the sequence of lower highs and lower lows that developed after the...
EUR/USD Technical Analysis (H1) – Technical Analysis Yesterday's FOMC meeting gave the US Dollar a brief boost, but the market quickly faded that strength as traders interpreted the Fed's tone as not significantly more hawkish than expected. Since...
EURUSD 5-Minutes Analysis: The euro dropped below the price level of 1.14034 on Wednesday; it is currently trading marginally above that level, and further declines are probably in store. However, given the volatility of FOMC news conferences and...
