The GBP/USD pair is treading water at the start of the new week, consolidating within a tight range around the crucial 1.3300 mark during the Asian session. The US Dollar (USD) is holding its ground after rebounding from multi-year lows last week,...
GBP/USD Technical Analysis: A Consolidating Market with Mixed Signals The GBP/USD pair appears to be in a consolidation phase, as shown in the provided 4-hour chart. The price is trading near the 1.3300 psychological level, with marginal movements...
Moving averages are a popular tool in technical analysis, often used to smooth out price data and identify trends over different periods. When using 20-day and 50-day moving averages, you are typically looking to identify shorter-term and...
Forecast of Crude Oil Examining the H1 time frame chart, I could see that the price dropped significantly in the last few candles, testing the 50 EMA line and creating a bearish Doji candle. The price is currently climbing with the appearance of the...
The USDCAD market's price movement has so far been tracked in a very steady and positive bullish trend, but in recent days, I've noticed that the price condition has begun to deteriorate gradually. In fact, after attempting to draw a trendline, it...
