Important Points about AUDUSD: The AUD/USD market trend still appears to favor buyers, indicating continued bullish momentum. Recent price action suggests that demand remains strong, supporting further upside potential. In the coming days, several...
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The EUR/GBP H1 chart displays a clear downward trend, with the price consistently making lower highs and lower lows. The red line represents a moving average, likely a 50-period SMA or EMA, which acts as dynamic resistance. The price remains...
What is Forex Trading? Forex trading, also known as foreign exchange trading or FX trading, is the process of buying and selling currencies in the global marketplace. The Forex market is the largest financial market in the world, with a daily...
Technical analysis of the GBPJPY pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a strong support area where the price receives support from the weekly pivot level and the blue channel midline. During...
