EUR/GBP continues its recovery after two consecutive losing sessions, trading around 0.8380 in early European hours. The currency pair gains traction following the United Kingdom’s (UK) Gross Domestic Product (GDP) report, which revealed a...
On the daily timeframe chart, the price movement that had fallen to its lowest weekly phase yesterday finally turned around and the next movement was more dominant in a bullish direction. The price increase movement that occurred did not seem...
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...
I believe the EURUSD pair is poised for heightened volatility next week, driven by a confluence of technical signals and high-impact fundamental events. Currently trading at 1.08780 on the H1 chart, the pair is consolidating within a flat range,...
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...
