Price Action Analysis: GBPUSD The present analysis of the GBPUSD price behavior is subject to discussion. The price structure is still highly favorable on a daily basis on the left, with the correction from 1.3260 to 1.3000 acting as a brake and the...
Market Overview Greetings everyone, and a warm welcome to Interlock's Trading Journal! I hope you're all doing well and reaping the rewards of my recent Bitcoin analysis. As I predicted, Bitcoin tested the 60,100 level yesterday and then rallied,...
The EUR/USD currency pair is currently experiencing a struggle to build on its recent gains. After two days of positive movement, the pair has found itself oscillating within a narrow trading band during the US session on Friday. Currently, spot...
GBP/USD Price Activity Study As expected, the Bank of England (BOE) said on Thursday it would keep its interest rate unchanged after its September meeting. Notably, one lawmaker backed a 25 basis point rate cut. BoE Governor Andrew Bailey expressed...
Analyzing the forex market by daily candlesticks is a popular method among traders for identifying trends, price action, and key levels of support and resistance. A candlestick represents a single day of trading activity, showing four key data...
