Technical analysis of GBPUSD The GBPUSD pair is currently exhibiting a downward trend, trading at 1.2895 at the time of writing. This movement suggests bearish momentum in the near term, with key levels to watch for potential reversals or...
Sentiment analysis is a powerful tool for Forex traders to understand market dynamics and predict price movements. However, it works best when integrated with other analytical approaches like fundamental and technical analysis. Traders should also...
The EUR/AUD pair has shown strong bullish momentum, breaking through the resistance of the ascending channel and reaching new highs. The price trend has been clearly bullish for several months, with both highs and lows moving in an uptrend. However,...
AUD/USD AUD/USD Fell to Almost 0.6050 As The RBA's Dovish Bets Increased Dramatically The AUD/USD falls like there is not tomorrow due to a sharp acceleration in RBA dovish bets. The RBA is projected to lower its Official Cash Rate (OCR) at all...
GBPUSD Analysis: Key Levels and RSI Signals on 4H Daily Charts The GBPUSD pair is currently trading at 1.30083 on the 4-hour chart, showing a tug-of-war between buyers and sellers. The RSI(14) sits at 49.9868, indicating neutral momentum, which...
