The chart illustrates Bitcoin’s price action on the hourly timeframe, incorporating Bollinger Bands and the Stochastic Oscillator. Initially, Bitcoin traded within a relatively narrow range, fluctuating around the middle Bollinger Band. This...
GBP/USD Weekly Overview After experiencing significant losses on Wednesday and Thursday, the GBP/USD pair managed to recover on Friday, yet still closed the week in the red. As we head into Monday, the pair is currently in a consolidation phase,...
Currently, on the daily chart for #GBP/USD, I am observing a diverse technical landscape that requires careful analysis. The 100-period moving average (MA100) is moving almost parallel to the horizontal axis, indicating a flat market sentiment over...
#MissInstaForex Miss InstaForex: choosing the very best! Dear followers, right now we are selecting the winner of our traditional Miss InstaForex beauty contest. Your vote can help determine the most deserving and talented contestant! Support...
AUD/USD Price Review Australia's annual inflation data (CPI y/y) did not change and remained flat at around 2.5%. This certainly encouraged the AUDUSD pair price to continue its downward rally. In addition, the Construction Work Done q/q data was...