The current state of the GBP/JPY exchange rate, sitting at approximately 194.799, indicates a notable phase in the market. While the trend has recently turned bearish, the movement has been relatively gradual. This steady decline has captured the...
TRADING CHART ON AUD/USD DAILY. The Australian dollar has weakened against the US dollar over the past trading week. The US dollar has become stronger compared to major global currencies. The chart pattern shows a downward trend, with the AO...
The USD/CHF pair regained footing after a volatile session following the Federal Reserve's decision to lower borrowing costs by 50 basis points. Despite reaffirming a data-dependent policy stance, Federal Reserve Chair Jerome Powell's comments left...
Benefits of Analysis in forex trading. Forex analysis is used by retail to determine decisions on . It can be technical, using resources such as charting tools. It can also be fundamental, using economic indicators and news-based events. Types of...
GBP/USD H4 MARKET ANALYSIS. Next picture of the GBPUSD currency pair technical data this week, I will monitor the market movement on the mini chart using the H4 time frame. It is quite clear that since beginning the month, the candlestick is still...