Sentiment analysis is a powerful tool for Forex traders to understand market dynamics and predict price movements. However, it works best when integrated with other analytical approaches like fundamental and technical analysis. Traders should also...
The EUR/AUD pair has shown strong bullish momentum, breaking through the resistance of the ascending channel and reaching new highs. The price trend has been clearly bullish for several months, with both highs and lows moving in an uptrend. However,...
The British Pound against the US Dollar on the 4-hour chart presents a selling opportunity when the upward trendline is broken. This break is a strong signal of a potential change in the price direction. When the upward trendline is broken, it...
GBPJPY Analysis GBPJPY suffered heavy losses for the second day in a row as investors struggled to cope with the impact of President Trump’s recently announced tariffs on Japan and the UK. The imposition of a 24% tariff on Japanese goods and a 10%...
Hello colleagues, Yesterday, we observed an upward movement in the currency pair, trending north. However, today has brought a notable shift, as we're currently witnessing a strong downward movement, heading south for the time being. This change in...
