how to trade with inside bar candle ? Inside bar candle trading is a popular strategy used by many traders to identify potential reversals or continuations in the market. An inside bar candle forms when the high and low of a candle are completely...
GBP/USD Technical Analysis Throughout the week, the market has traded inside price channels, including one that was sideways in the red direction. This thorough analysis indicates that the price is looking for further declines with the possibility...
GBP/USD Analysis Chart Overview: Trendlines and Moving Averages: The chart displays a downward trendline indicating the prevailing bearish trend over a longer period. Price has recently broken above this trendline, suggesting a potential shift in...
Gold prices tumbled after strong US economic data and a shift in Chinese gold buying habits. The Labor Statistics Office (BLS) report indicated a robust job market, exceeding expectations. However, there was also a slight uptick in unemployment and...
On the H4 chart, the GBP/USD pair closed below both the 50 and 100 Simple Moving Averages (SMA). These moving averages are crucial indicators in technical analysis, often used to identify the direction of the trend and to determine potential support...