GBP-USD PAIR ANALYSIS In Wednesday's trading session, the gbpusd pair was dominated by sellers, the price went up and down to 1.2614. The downward movement occurred after the price experienced rejection at resistance 1.2692, its position at the...
moving averages, specifically around the 1.2570 mark. This positioning indicates a relatively strong uptrend, as maintaining levels above critical moving averages generally signals bullish sentiment among traders and investors. However, the forex...
USD/JPY pair. Economic data releases from both the United States and Japan can have a profound impact. For instance, any changes in interest rates by the Federal Reserve or the Bank of Japan could lead to heightened volatility. Currently, the...
Tracking and analyzing the current trend for the Pound/US Dollar currency pair. The time period of analysis is time-frame 4 hours. Let's consider the possibility of today's profitable trading of the instrument according to the signals of three...
Update Analysis of EUR/USD Time frame H4:- The bears regained the initiative and pull the EUR/USD exchange rates to the lower end of the current trading range on the 4-hour chart, bravo! Good evening Sasha and good trade! Today, the demand for the...