The GBPUSD H1 chart exhibits a strong bullish trend, with the price forming higher highs and higher lows, a classic indication of upward momentum. The Bollinger Bands show increased volatility, with the price currently near the upper band,...
GBP/USD Market Outlook Good Morning guys! On Friday, the market of GBP/USD crossed the 1.2584 zone successfully, marking a significant move in price action. This level was a key point of interest for traders, as it indicated a momentary bearish...
Gold price (XAU/USD) kicks off the new week on a positive note following Friday's pullback from the vicinity of the all-time top and climbs back above the $2,880 mark during the Asian session. The US Dollar (USD) selling bias remains unabated in...
In analyzing the daily chart for the US Dollar/Canadian Dollar (USD/CAD) pair, I observe a clear and significant support zone located between the digital marks of 1.3975 and 1.3863. I believe this zone is crucial for understanding the potential...
Supply and Demand Zone Supply and demand zones are critical concepts in forex trading that represent areas where price reversals or consolidations are likely to occur. Understanding these zones helps traders identify potential market turning points...
