On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...
WHAT IS PIVOT POINT IN FOREX TRADING Pivot points are a popular technical analysis tool used in Forex trading to predict potential support and resistance levels. They are calculated based on the previous day's price action and are used to identify...
GBPUSD: Since the start of the trading session on Monday, the GBP/USD currency pair has exhibited bullish conditions. Throughout this period, the price has fluctuated within a relatively narrow range, yet the dominance of buyers has been evident....
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EUR/ USD Price Movements The price action analysis of the EUR/ USD Currency pair is what we will be discussing today. A breakout above the 1.0744 level on Monday will signal a buying opportunity. Consolidation above this mark will confirm further...