Technical Analysis of the GBP/USD Pair 1. Chart Description: The chart shown here depicts the GBP/USD pair on a 4-hour (H4) timeframe. The chart includes the Weekly Pivot Points indicator with resistance levels (R1, R2, R3) and support levels (S1,...
Understanding Economic News Impact on Forex Markets 1. The Core Principle: Expectations vs. Reality Forex markets do not move directly on "good" or "bad" news. They move on surprises relative to market expectations. Formula: Actual Release –...
Fibonacci retracement is a widely used tool in Forex trading that helps traders identify potential reversal levels during a trending market. It is based on mathematical ratios derived from the Fibonacci sequence, with the most commonly used levels...
Silver Price Analysis I see silver reflecting both the weight of U.S. yields and the pull of industrial demand. The Federal Reserve is still restrictive, but softer CPI and PPI have cooled expectations of more hikes. That keeps yields high enough to...
EUR/USD Forecast EUR/USD at 1.17 reflects both Eurozone resilience and softer U.S. yields. The ECB has kept rates steady but remains cautious, with sticky inflation delaying cuts until later in 2026. Germany’s industrial recovery supports the euro,...