Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Market prices tend to fall over time. The trend line that helped break the price fall was broken and allowed the price to drop. If the market price broke the trend line, it...
USD/CHF Fundamental Analysis: I've been watching the USD/CHF pair, and it's clear that the US dollar remains strong due to solid economic data. The recent job reports from the US show that the labour market is still going strong, which makes me...
I have observed that the bulls have managed to open the resistance level at 0.91358, but I am skeptical about their ability to widen the gap and retest the channel resistance line. I am more inclined to believe that, in an overheated market, a...
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Strategic Forex Trading: Gold We are focusing our analysis on the current real-time price of Gold. I'll start with the fact that I expected this instrument to rise to the 2677.00 zone yesterday. Here, we have a small rally, so to speak, buyers; the...