EUR/USD Analysis Greetings and Good Morning to all Visitors! Today, the US dollar is influenced by two medium-impact news events related to the Prelim Consumer Confidence and Inflation Expectations. Meanwhile, the ECB President's speech is...
The British pound has lost ground on Wednesday. At the time of writing, GBP/USD is trading at 1.2760 in the North American session, down 0.29% for the day. The UK economy was flat in April There was no growth in the UK economy in April, in line...
This Thursday, the eurodollar currency pair looks set to continue the bearish movement of yesterday. The Relative Strength Index, although around the reading of 50.00, suggesting that the bears are likely going to push for lower prices in the coming...
The image depicts a weekly candlestick chart for the EUR/JPY currency pair. The chart shows data over several years, highlighting trends, support and resistance levels, and key price movements. Let's analyze the chart in detail: ### General...
GANN GRID The Gann Grid is a powerful tool used in technical analysis to identify potential trading opportunities and predict price movements. Developed by William Gann, a renowned trader and market analyst, the Gann Grid is based on the principles...