German companies continue to invest in China German companies continue to invest heavily in China, despite government calls to diversify risks. According to the Bundesbank, Germany's direct investments in China in the first half of 2023 reached 7.3...
GBP/USD Market Analysis on H4 Time Frame Current Price Movement The current price of GBP/USD has returned to the range of the 200-period moving average (MA), marked in blue. This level is crucial as it may indicate the direction of the next trend....
GBP/USD Technical Analysis - 13 August 2024 In the GBP/USD 4-hour timeframe, there are several key phases that I am observing. First, there was a significant uptrend where the price gradually rose from 1.2630 to a peak of 1.3045. This indicates the...
The Crucial Role of Support and Resistance Levels in Forex Trading Understanding the Basics: Support and resistance levels are foundational concepts in Forex trading, serving as critical indicators of market behavior. A support level is a price...
The EUR/USD currency pair, representing the exchange rate between the Euro and the US Dollar, has shown a significant movement away from its recent low of 1.0778, indicating a robust bullish trend. This movement can be interpreted as a signal of...