THE CURRENCY PAIR GBP-USD Have a nice day, and profitable trading to all forum members! I would like to share my vision of the trading situation for the instrument. To begin the technical analysis, I throw an indicator on the chart that...
Bitcoine declines as options open interest reises: Bitcoin fell under 60K after a long week of investors taking profits and currently trades around $58500. Investors began taking profits after a brief rally last Saturday caused by a renewed...
Crude Oil (#CL) Technical Analysis Crude oil has been under significant bearish pressure since the end of July, consistently trading below the crucial moving averages: EMA50, EMA100, and EMA200. This trend highlights a strong downward momentum...
The USD/CAD currency pair was influenced by several key factors. The U.S. dollar faced downward pressure due to mixed economic data, including weaker-than-expected GDP growth and softer consumer confidence. Additionally, comments from Federal...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...