The Australian dollar experienced a modest rally against the US dollar today, but in the great scheme of things, it is unlikely that this brief rebound has a significant impact on its general career. The rally seems to be short duration, and many...
EUR/GBP Pair Price Action Recap The EURGBP currency pair. As we know, currently both the EUR and GBP currencies are in a strengthening situation against the USD currency, so this moves the EURGBP currency pair slightly to experience a sideways...
GBP/USD Pair Movement Update The price movement of the GBPUSD pair that we observe on the H4 time frame, seems to be trying to maintain the bullish trend direction. The price that had moved below the EMA 50 to reach the low price of 1.2558 was...
GBPUSD Technical Analysis GBPUSD is trading at 1.2681 on the H1 timeframe, maintaining a strong bullish trend. The price has recently surged above the 150-period moving average (MA), confirming buying momentum. The sustained move above this level...
In this article, we will explore some of the most common chart patterns in forex trading and how they can help traders make better-informed decisions. We will cover both reversal and continuation patterns, offering practical examples and tips on how...
