the GBP/USD pair is currently trading within a relatively neutral zone, lacking strong directional conviction but showing early signs that momentum may be shifting. When I look at the daily chart, the price seems to be consolidating after a period...
Success is not final, failure is not fatal: it is the courage to continue that counts. — Winston Churchill...
XAUUSD Gold declines when Treasury yields rise due to increased oil prices. The argument for stable Fed rates was strengthened by robust durable goods orders. Powell's news conference and Fed policy recommendations are now anticipated by traders....
I personally like Price Action, but I think most people end up using a mix of a few things anyway. It's really about finding what works for your own style and not over complicating it....
I observe that EUR/USD is currently in a state of indecision, and I see that the price is neither continuing its downward movement with strength nor showing a convincing bullish reversal, which creates uncertainty in my short-term outlook. I note...