The price stays relatively flat or within a narrow range over a certain time frame. Catalysts, such as positive earnings reports, new product launches, or industry news, trigger the price surge. To manage risk, traders should set a stop-loss below...
I believe the current market dynamics for GBP/USD are heavily influenced by both technical indicators and fundamental factors. I see that the EMA 56 on the weekly chart represents the average price for the year, while the EMA 26 reflects the average...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hello and Good Morning. Without wasting time we move on to our topic. First of all, we discuss the technical analysis of USD/CAD. USD/CAD is trading at 1.4447 at the time of writing. This time frame...
GBP/USD Daily– March 3, 2025 The GBP/USD currency pair experienced quite significant movements in the latest trading session. Selling pressure is still dominant, although there are signs of potential correction at several key levels. Taking into...
GBP/USD Technical Analysis and Forecast and Market Overview H1 timeframe: The GBP/USD market shows a strong bullish move today, trading at 1.26081 on the H1 timeframe. The GBP/USD market is heading towards the critical resistance level at 1.26250,...
