Analysis of GBP/USD Regarding GBP/USD yesterday, after updating the minimum of the previous daily range without reaching the local support level at 1.26741 (according to my analysis), the price reversed and confidently moved upward due to a...
EUR/USD CURRENCY PAIR ANALYSIS: Today, the EUR/USD currency pair has broken out of its morning range of 1.0686-1.07075, moving upwards. This upward movement indicates a potential update to the local maximum of 1.06847. If this bullish trend...
GBP/USD MARKET OVERVIEW Our conversation revolves around the current state of the GBP/USD currency pair's price behavior review. I anticipated impulses at the data output but expected less volatility. Nonetheless, these impulses provided new entry...
MARGIN VS LEVERAGE When it comes to trading in the financial markets, two important concepts that traders need to be familiar with are margin and leverage. While they may seem similar in nature, they have key differences that traders need to...
I’m not in a hurry to take any action yet, but I’m carefully watching the schedule. Now I see that the price has approached the resistance level of 1.3741. If buyers can break through this level, then my next target is 1.3836. And if I manage to...