In my analysis of this currency pair, I continue to refine the embedded algorithm of actions within my trading plan, which is closely tied to the Price Action method and the Fibonacci grid. On the senior timeframe, specifically the H4 chart, I...
GBP/USD Fundamental Analysis: GBP/USD has been reacting to economic data and central bank sentiment, and I expect that to continue into next week. The Bank of England’s cautious stance on interest rates is keeping traders on edge. If UK GDP and...
LTCUSD(Litecoin) LTCUSD(Litecoin) outlook: Litecoin, often referred to as the "silver to Bitcoin's gold," has maintained its position as a prominent altcoin. Its strong fundamentals, including a fixed supply, faster block times, and lower...
Price Action Price Action in Forex refers to the study of historical price movements to predict future price behavior. Traders analyze candlestick patterns, support and resistance levels, and trends without relying heavily on indicators. Here's a...
Bank of Japan (BoJ) board member Naoki Tamura is back on the wires, via Reuters, clarifying his earlier remarks on the central bank’s interest rate. GBP/JPY attracts some sellers to around 190.25 in Thursday’s early European session, down 0.35% on...
