GBPUSD Technical Analysis GBPUSD is currently trading around 1.2385, showing signs of consolidation after a recent decline from its resistance zone near 1.2500. The market is in a corrective phase, and price action suggests a potential move in...
AUDUSD AUDUSD outlook: The Australian Dollar (AUD) is currently facing headwinds against the U.S. Dollar (USD) due to a combination of factors. The U.S. Dollar remains strong, backed by relatively robust economic data and the Federal Reserve’s...
Current Market Overview As of today, the USD/JPY pair is exhibiting strong bullish momentum, currently trading around 155.18. This level indicates robust performance above key technical levels, suggesting that buyers continue to play a significant...
Understanding Position Trading Position trading is a long-term trading strategy where traders buy and hold securities—such as stocks, currencies, or commodities—for extended periods, ranging from weeks to years. This approach is grounded in...
The USD/CHF currency pair continues its upward movement that began on the 6th, with the current wave of four-hour growth showing no signs of completion due to the absence of bearish resistance, despite a Zigzag indicator mark. The price has now...
