GBP/USD Technical Analysis and Forecast The GBP/USD market is currently exhibiting a bearish trend. It recently fell to 1.29199 before starting a recovery. The GBP/USD market trades around 1.29361, indicating a slight recovery. The US dollar is...
EUR/USD slips out of 5 months RSI and MACD decrease in the reached territories. EUR/USD retreats after it has gained more than 5%since February 28, sending a market to a new five -month maximum to 1.0945. Technical oscillators also currently support...
The GBP/USD pair continues to trade around the 1.2950 level on Thursday, as the US Dollar maintains its resilience amid cautious market sentiment. Despite its recent bullish momentum, the pair faces headwinds from safe-haven demand for the USD,...
Top Ten Forex Trading Strategies for Consistent Profitability In the world of forex trading, strategies play a crucial role in determining success. Traders who adopt well-defined strategies are better equipped to manage risks, spot opportunities,...
The Three Tops pattern is a bearish reversal chart formation used in technical analysis. It signals that an uptrend may be coming to an end and a downtrend could follow. Here’s a breakdown of its key components and how traders might interpret it:...