GBP-USD PAIR REVIEW There was no significant movement in the gbpusd market this Friday night even though there was a release of US NFP data. The mixed data results made the gbpusd market not trend. The price position is still in the MA 20 area with...
Technical Analysis EUR/USD D-4 Chart The Relative Strength Index (RSI) indicator on the 4-hour chart is flat around 50, reflecting a lack of directional momentum in the short term.On the downside, a strong support zone seems to have formed at...
Sounds like you're deep in the forex trenches, Yuri! Labor market data always stirs up a mess in the market, especially when it sends mixed signals like this. The initial volatility you're describing seems typical when traders are torn between the...
Adding to the bearish sentiment, crude oil has found immediate support at $70.00, a critical level that currently provides some relief and potential for a rebound. Despite temporary support, the overall trend is still negative, as shown by various...
Technical Analysis of Gold Technical analysis of gold on a daily chart supports the upward trend in the coming days. This month, the price of gold started trading within an upward pattern, as we have two upward channels that represent the general...
