AUD/USD Analysis After a sharp fall on Wednesday, AUD/USD and risk assets in general regained their composure on Thursday, trading above 0.6900 and near a one-year high. News that China's Politburo has pledged to increase subsidies for the poorest...
The GBP/USD 1-day chart reveals a strong uptrend as the price currently trades around 1.33754, reflecting bullish sentiment that has driven the pair to break previous resistance levels. The recent price action highlights displaced liquidity (DLiq)...
EUR/GBP Daily Time Frame Analysis Overview Good evening, everyone! The daily chart indicated a northward movement yesterday, and we are currently witnessing a strong upward trend in the EUR/GBP pair. Let’s analyze the price movement to determine...
EUR/GBP Daily Time Frame Analysis Good evening, friends! Today, I'm analyzing the EUR/GBP pair on a daily chart. I observed a northward movement yesterday, and I'm expecting a similar upward trend today. Let's look into the potential future...
Over time, I’ve found that the Relative Strength Index (RSI), while widely popular, often falls short in forex trading. Many traders, including myself at one point, rely heavily on the RSI to identify overbought or oversold conditions. However, I’ve...