Pivot Points Pivot Points are a popular technical analysis indicator used in trading to identify potential support and resistance levels. They are calculated based on the previous day's high, low, and closing prices and are commonly used in Forex,...
The EUR USD price movement on the H4 timeframe has unexpectedly changed from the initial prediction. Instead of declining, the price has started to rise and seems poised to break through the parabolic SAR point. This indicates a shift in market...
The GBP/USD currency pair stands at a critical crossroads, reflecting the cautious sentiment of traders navigating through pivotal economic data and major central bank events. Recently, the British Pound gained ground against the U.S. Dollar,...
The GBP/USD chart on the H1 timeframe displays price action alongside technical indicators, suggesting a short-term The chart shows a clear price movement with peaks and troughs. The red moving average line (likely a simple or exponential moving...
Technical Indicators Technical indicators are tools used by traders to analyze price data and predict potential market movements in forex trading. They are based on mathematical calculations applied to price, volume, or open interest data. These...
