I recognize that I may have been a bit greedy with my trading strategy this week, as I placed a pending sell order at the level of 1.4455. I observed that the price only reached 1.4450, falling just short of activating my order. I feel that this was...
The downward trend for the pair is broken; the pair is trading above the moving averages. Resistance 1.27074 is broken; divergence is observed on the indicator. A correction for the pair is possible, since it is trading above the moving averages...
Technical analysis. GBP/USD H-4 Yes, the euro and gold have slightly spoiled the GBP/USD movement, since the GDP in the morning still hinted at a more active decline, but it is already good that the minimum was updated and there was a...
GBP/USD Analysis: A Bearish Perspective As we examine the GBP/USD currency pair, it becomes clear that the current market dynamics do not favor upward movement. Instead, a comprehensive analysis suggests that the pair is likely to continue its...
Moving averages play a crucial role in the slow stochastic oscillator, as they smooth out price data to provide clearer signals. By applying moving averages, traders can better identify trend direction and strength. When the %K or %D lines exceed...
