Importance of Time Frame in Forex Trading The time frame in forex trading refers to the duration over which a trader analyzes price movements on a chart. Choosing the right time frame is critical, as it directly influences trading strategies,...
TRADING CHART ON GBP USD H1. The GBP/USD pair has shown a predominantly bearish trend on the H1 chart, as evidenced by the price's consistent trading below the 200-period moving average. This moving average acts as a dynamic resistance, reinforcing...
GBP/USD Price Action Alert Our conversation revolves around GBP/USD's current pricing behavior, which we're analysing. As we approach the end of the trading week, with today being 26th December and tomorrow marking Friday’s market closure, the...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market is rising, which is helping the price, which is currently at the trend line, to rise. The market price encountered some resistance and found support at 1.7979 and...
The AUDNZD pair has essentially completed a retracement, with the price moving down from the FR 50 - 1.0972 level to the FR 61.8 - 1.0925 level. Additionally, the price that was rejected around the 200-day moving average has bounced back above the...
