Price Action Playbook: GBP/ USD Our conversation revolves around the current state of the GBP/ USD currency pair's price behavior review. I once put forward the idea that if after the rate cut by European central banks, their currencies suddenly...
The spot price began in October with a slight decline, trading around 1.3055, down by 0.32% during the North American session. With US financial markets closed in observance of Labor Day, the session is expected to remain quiet. Traders are eyeing...
Silver Market Analysis and Trading Approach: In our ongoing study of Silver's price movement, the chart reveals a consistent behavior, with Silver trading between 30.85 and 32.259, a range it has held for the past two consecutive weeks.This period...
Moving Average Convergence Divergence Indicator (MACD) The Moving Average Convergence Divergence (MACD) indicator is a popular technical analysis tool used by forex traders to identify potential buy and sell signals based on momentum and trend...
The pair could also retrace toward 1.0945, where resistance was seen yesterday. Alternatively, we might see a deeper correction, pushing the price back to the 1.0880 level, which was not thoroughly tested during yesterday's session. In either case,...