The chart represents the Bitcoin (BTC/USD) price action on the H1 (hourly) timeframe. It includes Bollinger Bands and a Stochastic Oscillator, both of which provide important insights into price volatility and momentum. The price has exhibited...
GBP/CAD Greetings and Good Morning, guys! The market of GBP/CAD crossed the 1.8551 zone yesterday, showing that the bullish scenario can help the buyers remain more. This breakout indicates strong buying pressure, suggesting that the uptrend may...
The EUR/USD pair entered a phase of consolidation on Monday, initiating the new trading week with a relatively subdued tone as market participants braced themselves for a data-intensive week of US economic releases. Equity markets experienced...
I am currently analyzing the NZD/USD currency pair with the intention of opening long trades. My preliminary trading strategy involves entering the market from the 0.5715 level, targeting the 0.5778 level. I believe this setup is supported by the...
The British pound (GBP) maintained a relatively stable position against the US dollar (USD) on Monday, trading around the 1.2915 mark, with a slight uptick of 0.04%. This period of consolidation occurred amidst a quiet economic data landscape, with...