ANALYSIS OF GBP/AUD PAIR. On the GBP/AUD H1 chart, we observe a significant bullish trend that dominated the early part of April, characterized by a powerful breakout above the 2.0715 region, followed by an aggressive rally that peaked just above...
I’ve been closely watching the GBPJPY pair, and I notice it has been trading in a tight range for several days. I suspect this consolidation phase might soon break into a downward movement, as the lack of upward momentum feels unsustainable. I...
I am currently observing a unique sideways trend on the USD/JPY daily chart that resembles the tall, elegant buildings I once saw in a photo of Moscow—high, hovering structures with long legs. I notice that the candles often span over 400 points,...
The GBP/USD currency pair experienced a notable upswing on Wednesday, breaching the 1.2800 threshold, driven by a resurgence in overall market optimism. This positive sentiment was largely attributed to the Trump administration's decision to...
Moving Average Convergence Divergence (MACD) The Moving Average Convergence Divergence (MACD) is a momentum indicator used in Forex trading to identify potential buy and sell signals. It helps traders understand changes in the strength, direction,...
