GBP/USD Price Assessment The subject of our conversation pertains to the current study of the GBP/USD pricing movement assessment. As of right now, it appears that the GBP/USD market is moving in a fairly good downward trend. As of yesterday, I saw...
The spot price has displayed a mixed trend at the start of the new trading week. After an initial dip to around 1.3600 against the USD, it rebounded. Despite the reduced trading volume due to a Canadian market holiday, the CAD has exhibited...
Afternoon Analysis Update September 16, 2024 EUR/USD Pair Good afternoon fellow traders. For today's journal update I will discuss the EURUSD currency pair. In last week's market trading, there was downward pressure from sellers so that the...
A 15-minute (15M) timeframe in Forex trading is a short-term trading interval where each candle or bar on the chart represents 15 minutes of price movement. It is commonly used by day traders and scalpers who want to profit from small price...
The Australian dollar saw a slight dip at the start of the week and retreated before finding support at the 50-week EMA (exponential moving average). He was then able to recover for the rest of the week. At this stage, the market appears to be in an...