As the European trading session begins on Friday, the currency pair is experiencing some weakness, currently hovering around the 1.1085 mark. This decline is attributed to a modest recovery in the US Dollar (USD), which has exerted downward pressure...
Average True Range (ATR) Oscillator: Further Explained *Read the introductory post about ATR here - The Average True Range (ATR) trading oscillator is a technical indicator developed by J. Welles Wilder Jr. to measure market volatility. It's a...
The pair experienced a dramatic surge, climbing to approximately 1.1150 from an intraday low of 1.1070. This sharp rebound occurred as the US Dollar (USD) weakened in response to dovish remarks on interest rates made by Federal Reserve Chair Jerome...
On Friday, the pair remained largely stagnant, trading within a tight range as it tested critical technical levels. This stability comes as markets brace for important midweek inflation data. Recent volatility that had seen Cable retreat to...
In Friday’s European session, the pair struggled to build on its recovery, facing pressure as it hovered below the intraday support level of 141.80. The pair traded around the 142.30 mark by the end of the market close, reflecting the pair's firm...