The pound weakened against the dollar during the early European trading session, testing the 1.3225 level. Rising US Treasury yields and the hawkish stance of Federal Reserve officials continued to support the dollar against the pound. Market...
3 Ways to Use Moving Averages 1. Moving Average as a Trend Filter A moving average can help traders identify the overall market trend and avoid trading against the dominant direction. The image shows the 200-period Moving Average (200 MA) being used...
GOLD.m (M15) Technical Outlook Price snapshot: Gold is trading near 4153, with the last bar showing O 4154.45, H 4154.58, L 4153.23, C 4153.43. Price is sitting right on a horizontal red line at roughly the current level, so it is being used as a...
# USD/JPY H4 Technical Outlook: Navigating the 157.940 Pivot Zone ## 1. Medium-Term Trend Architecture The technical configuration of the USD/JPY currency pair on the 4-hour (H4) chart hovering near the 157.940 level presents a fascinating scenario...
EURGBP H1: Strong Bearish Trend Tests Key Support The EURGBP H1 chart shows a clear bearish structure, with sellers maintaining control throughout the recent sessions. Price has declined from the 0.8580–0.8583 region and accelerated lower,...
