Points takeaway about GBPUSD: Last time, the US Dollar showed notable strength, gaining up to 100 pips and showcasing its resilience in the currency market. Significant selling pressure dominated, causing buyers to lose momentum gradually. The...
GBP/USD Downward rollback on MN, on D1 movement develops according to the AB - SD pattern and now a fragment of SD is being built, which = 0.618 Fibo from AB, and according to the rules of the pattern, SD should be from 1.0 to 1.618. This suggests...
Trading journal Sunday, January 12, 2025 GBPUSD Assalamu'alaikum and good morning, Hopefully on this weekend holiday forex traders and members of the Investsocial Indonesia forum are still in good health and get the blessing of health and the...
I analyzed the EUR/USD pair and noticed a strong downside trend. I observed the pair closing last Friday at 1.02387, and I expect further decline in the coming week. I noted on the daily chart that the price is testing the FE 161.8% level at 1.0215,...
W-1 Chart Technical Outlook AUD/USD Well, as usual, I start the weekend with an analysis of the weekly timeframe, and now I look at AUD/USD on this chart. And I can say that in general, the market is in a mood for the US dollar to strengthen, but...
