How to Trade Based on Fundamentals: Introduction Trading based on fundamentals involves analyzing the economic, financial, and other qualitative and quantitative factors that influence the intrinsic value of an asset. Unlike technical analysis,...
Technical analysis involves studying historical price data to forecast future price movements. One of the primary tools used in technical analysis is chart patterns. These patterns form due to the price action of a currency pair and can signal...
GBPJPY H4 The UK GDP will help the buyers to cross the 200.76 zone in the coming hours. Yesterday, the UK Prelim Count Changes and Average Earnings were also better than expected and supportive for the buyers. As a result, I expect that the market...
Good day, everyone! The downward slope of the linear regression channel indicates the strength of the sellers, who are aiming for the 2313.63 level. Movement is likely to slow down at this target level. Due to the weakening caused by the current...
The Euro is facing a perfect storm of bearish pressure, weakening against the US Dollar and falling below a key support level. This decline comes amid heightened political uncertainty in Europe, particularly in France, where upcoming legislative...