GBP/USD D-1 ANALYSIS Chart D1 - GBPUSD currency pair. Sellers have dominated the last couple of weeks and it was already clear in advance that there was a very high probability of a fall. The MACD indicator used had a bearish divergence - a strong...
The Average True Range (ATR) indicator is a measure of volatility used in forex trading to measure how much the market moves. It does not indicate the direction of the price, but shows the range of price movement over a certain period. Traders use...
TRADING CHART ON EUR/GBP H4. The EUR GBP price increased last week but could not maintain the momentum this week. It reached the resistance level of 0.8426 and touched a high of 0.8433. However, when the price corrected downwards towards the 50-day...
Forecast of Gold H4 time frame chart outlook: For a few trading days, the price activity of Gold was in a range zone on the H4 time frame chart, which I have highlighted in the accompanying diagram. The Gold broke the support level of the range zone...
The GBP/USD currency pair is currently exhibiting positive trading momentum, successfully breaching the 50-period Simple Moving Average (SMA) and stabilizing above it. This development is significant, as it reinforces expectations for a bullish...
