GBP/USD Technical Analysis – H4 Timeframe With a clear bullish market structure, the GBP/USD pair is trading in an uptrend in the H4 timeframe. The price is moving steadily upwards, suggesting the potential for more buying pressure in the coming...
Currency pair AUDUSD - let’s consider the chart of the D1 period today. We can say that the descending wave structure on this chart already broke after the current growth wave updated the previous wave’s maximum. The MACD indicator is still in the...
Gold Price Direction Summary The present analysis of Gold price behaviour is subject to discussion. This strengthening is likely due to expectations that the refinancing rate will remain unchanged during the upcoming Federal Reserve meeting. Despite...
Technical analysis of the USDJPY pair On the 4-hour chart, the pair price started trading this week inside the white triangle, which is the common area between the price channels. Where we have the red channel, which is a side channel that...
Fundamental As private companies pass on the effects of increased wage growth and prices paid for imported raw materials to consumers, the UK Consumer Price Index (CPI) is predicted to stay generally sticky, even if the December reading was lower...
