Current Situation of the GBP/USD Currency Pair Hi! At the moment, the GBP/USD pair is in a sideways market condition, which is confirmed by the horizontal orientation of the yellow TMA (Triangular Moving Average) indicator channel. Additionally, the...
U.S. Dollar and Yen: Market Overview The U.S. dollar has experienced a slight decline in today's trading session, struggling to regain its footing against the yen. This shift follows a nearly 15 basis point increase in interest rates by the Bank of...
Hello, After coming within touching distance of a new all-time high near $2,480 in quick reaction to disappointing US labor market data on Friday, gold reversed course and fell below $2,420. Profit-taking weighted XAU/USD before the end of the week....
THE CURRENCY PAIR GBP-JPY Hello everyone. GBP/JPY continues to slide and fell to its lowest levels since mid-March during the European session on The cross continues to slide sharply from 208.11, helped by renewed yen strength following Japanese...
Inverted Hammer Candlestick Pattern? Candlestick patterns are a great way to spot changes in investor sentiment and possible reversal points in the price of an asset. However, the inverted hammer candlestick chart pattern can be easily confused...