The pair has been exhibiting strong upward momentum throughout this week, breaking through key resistance levels and consolidating above them. I observed that the resistance at 1.26595 was breached, and the price stabilized above this level,...
Bitcoin (BTC/USD) Analysis Good Morning everyone. Today I will discuses about BTC/USD (Bitcoin) Bitcoin (BTC/USD) trades at 85,840, between key support levels at 83,340, 81,612, and 78,414, and resistance levels at 93,944, 97,080, and 99,718. The...
During the North American trading session on Friday, the EUR/GBP currency pair experienced a notable upward trajectory, edging closer to the critical 0.8400 level. This surge was primarily driven by the euro's relative strength against its...
A strategy also serves as a risk management tool. It allows traders to set stop-loss orders, define position sizes, and establish risk-reward ratios. This means that even in the face of losses, the trader can minimize their exposure and protect...
GBP/USD Analysis: March Outlook Recent Price Action The GBP/USD currency pair on the daily chart (D1) has experienced a notable surge in the early days of March, rapidly recovering all losses from the previous week. This upward movement broke...
