The current level of interest in the GBP/USD currency pair may not be sufficient to drive significant price increases in the near future. This suggests that any upward movement in the exchange rate might be limited unless there is a substantial...
Crude Oil Market Analysis: Bullish Trend Confirmed With Key Technical Indicator The current crude oil price is at 78.48 as of market close. Analyzing the H4 chart, the price is currently above the 50 and 100 SMAs (Simple Moving Averages). These SMA...
A trading strategy in Forex is a systematic plan that traders use to determine when to buy or sell a currency pair. This plan is based on predefined rules and criteria designed to achieve profitable trading outcomes. Trading strategies can be simple...
USD-CAD PAIR ANALYSIS Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around...
The image depicts a candlestick chart for the EUR/GBP (Euro to Great Britain Pound) currency pair. The chart showcases price movements over a period, likely on an intraday or daily basis, given the detailed candlestick formations. Here is a...