Today, I am analyzing the EURGBP currency pair on the M5 timeframe, focusing on a straightforward yet effective approach using the RSI indicator. I find the RSI to be a reliable tool for identifying potential reversals and momentum shifts....
# EUR/USD Trading Strategy The upward trend in EUR/USD remains intact, driven by the steering bulls. As a result, I am opting to open a buy order, supported by the following signals: # Key Buy Signals 1. *Moving Average and Alligator Lines*: Both...
I observe that the EUR/JPY pair reached its daily high of 164.175 early in the European session, marking the peak of today’s price action. I note that despite briefly surpassing the January 24 resistance level at 164.078, the pair failed to sustain...
Gold increases to a new record, looking at more profits The gold rose to a historical maximum of $ 3,038 on Tuesday, showing a notable force as it continues to trade close to its maximum levels. At the time of writing, the metal remains positioned...
GBP/USD got a four -month maximum and tapped the psychological handle of 1.3000 yesterday. Repeated and raid earlier on the day met with some modest sales pressure maintained by the cable just below the key level of the interplay. The cable, as well...
