Gold Reclaims Some Losses Despite Strong USD, Gains Over 0.50%: Gold prices have bounced back, recovering some losses from the previous week. Even though the US dollar is strong, gold has achieved gains of over 0.50%. This resilience in gold prices...
WHAT IS PRICE ACTION IN FOREX Price action in Forex refers to the movement of a currency pair's price, which is the basis for trading decisions in the price action trading strategy ¹ ² ³ ⁴. It involves analyzing market price movements, recognizing...
GBP/USD Trading Analysis Greetings and Good Morning to Everyone! Today, the UK Claimant Count Changes and Average Earnings Index will bring changes and volatility in the market of GBP/USD. These economic indicators are pivotal, as they provide...
The British Pound is facing headwinds in early Asian trading on Tuesday, hovering slightly below 1.2730. This cautious trading comes ahead of the release of the UK jobs report later in the day. Investors are adopting a wait-and-see approach, wary of...
The chart provided is a detailed technical analysis of the NZD/USD currency pair on a 4-hour timeframe from TradingView. It employs several key technical analysis tools and indicators, including Fibonacci retracement levels, a trend line, and volume...