When analyzing the GBP/USD currency pair in terms of its current levels, there is a noticeable trend towards continued growth. As it stands, the pair is confidently trading above the level of 1.26394. Traders may aim for a target price at the upper...
In this article, we will explore some of the most common chart patterns in forex trading and how they can help traders make better-informed decisions. We will cover both reversal and continuation patterns, offering practical examples and tips on how...
Current indicators confirm the gloomy forecast. The RSI is currently at 37.80, indicating weak buying power. The market is approaching a selling peak, but there are no clear signs of a trend reversal yet. Meanwhile, the Stochastic Oscillator is...
Technical Analysis of Gold The technical analysis of gold on the 4-hour chart shows the beginning of an upward wave for gold. The price of gold started trading inside the triangle marked in white, which is the common area between the price channels...
Market Analysis of USDCAD on March 3, 2025 The analysis of the USDCAD currency pair on March 3, 2025, reveals intriguing dynamics in the forex market, particularly when viewed through the lens of the H4 (4-hour) timeframe. In recent days, the price...
