### Technical Analysis of GBP/USD The GBP/USD currency pair has shown some interesting movements in recent trading sessions. Last week, Sterling made modest gains, reaching a new local high of 1.3050 after surpassing the 1.2994 level. However, this...
Currency Pair of EUR-USD H-1 Chart Yesterday the bulls worked the level of 1.0870, but there is no reversal in sight yet. Yes, they pushed the price down, but overall we are in an upward pullback. Apparently we will not even work out the northern...
Upon closely analyzing the USD/CHF market, it seems that the price has recently entered a demand zone, which I highlighted in light blue. If there's a strong upward bounce from this area, it might signal a potential bullish reversal. Therefore, my...
THE CURRENCY PAIR USD-CAD At the time of writing this post, the USDCAD currency pair, on the H1 chart, is flat and at 1.38321. The Instaforex indicator, which is on this forum, in the first part shows a slight advantage for buyers, in the range of...
Gold peaked at 2,483 last business week and fell sharply, giving up most of the previous day's weekly gains. The price briefly dropped below the pivot level of 2407 but then started trying to recover while remaining within the signal zone. So, the...