Have a nice day everyone! Let's look at the M15 chart. It shows a linear regression channel, which indicates the strength of buyers and the upward trend. The market is moving towards the upper boundary of the channel at 1.04432. To open a position,...
The provided GBP/USD H4 chart showcases a prolonged downtrend that has persisted for months, with the price maintaining a steady decline from its peak. The chart also features a red moving average, which appears to be a simple moving average (SMA)...
January 30, 2025 The Australian Dollar (AUD) has been experiencing a downward trend against the US Dollar (USD), with the AUD/USD pair trading around 0.6220. This decline is influenced by several factors, including monetary policy decisions,...
The NZD/USD currency pair has continued its downward trend, declining for the fourth consecutive day and trading around the 0.5640 level during Thursday's European trading session. The New Zealand dollar (NZD) is facing persistent weakness,...
GBP/ USD: A Guide to Trading Let's discuss the topic of the analysis of the GBP/ USD currency pair's price behavior. Yesterday, I assumed that the quote would be able to turn around from the 1.2447 support and continue to grow after the Fed's rate...
