* GBPUSD: Bearish below the level of 1.2770, targeting the levels of 1.2670, 1.2600 and 1.2560 * Bullish prospects above the level of 1.2770 with potential targets at 1.2830, 1.2890 and 1.2930 ...
WHAT IS PRICE ACTION IN FOREX Price action in Forex refers to the movement of a currency pair's price, which is the basis for trading decisions in the price action trading strategy ¹ ² ³ ⁴. It involves analyzing market price movements, recognizing...
USD/CHF Analysis Today Greetings and Good Morning guys! Yesterday, the market had reached around the 0.8971 zone successfully. Today, the US PPI and CPI rates will determine the market sentiment later. We should know about all factors of trading on...
EUR/USD This week, the EUR/USD pair is trading within upward-trending price channels that reflect the price movement from the previous two weeks. Currently, the price is at the lower line of these channels, providing support for a potential rise....
NZD/USD outlook: The price is trading within a broken channel retest pattern, indicating a continuation of the downward trend. This month, the price started trading inside a rising red channel, representing the previous month's movement. Initially,...