The USD/CHF H1 chart exhibits a clear bullish trend, with the price steadily climbing above the 50-period moving average. This moving average, marked in red, acts as dynamic support, providing a reference point for potential pullbacks within the...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Good Morning. I'll be writing an essay today regarding how prices are behaving right now on the GBP/USD market. GBP/USD is trading at 1.2619 at the time of writing. The USD index is testing the...
General Points of GBPCHF: We can see that the GBPCHF market closed at 1.1295, and last week's UK news events significantly strengthened the buyers. The UK Claimant Count data and BOE updates greatly benefited the buyers. On the other hand, the...
Bulls Indicator The Bulls Indicator is a term often used in trading and technical analysis to describe tools or signals that identify bullish trends in the market. These indicators are particularly helpful in spotting upward momentum, where prices...
GBP / CAD: The New Week's Trading Recommendation The bears of GBPCAD won the game yesterday and pushed the price below the 1.7822 assist. But it was only a correction process which is common sense in this market. Thus, the price of GBPCAD will pull...
