The trend-breaking strategy involves identifying potential reversals in prevailing market trends by looking for signs of overbought or oversold conditions using indicators like RSI or Stochastic Oscillator. While this method can be risky due to the...
The price is at 1.3650, a resistance level from which the price has historically fallen many times. If the market price fails to break this resistance, wage pressure may cause a pullback, potentially closing below the 200 simple moving average. If...
Silver price behavior analysis on a weekly timeframe reveals a promising outlook amidst current market conditions. Currently trading in an uptrend resembling a "pin bar" pattern, silver shows potential for further gains, particularly if it forms a...
GBP/USD ANALYSIS. Investor sentiment has been buoyed by the strong performance on Thursday by the Labor Party, led by Keir Starmer. Financial markets typically benefit from absolute victories by a single political party. Investors believe that a...
NZD/USD /H4 The NZD/USD currency pair, observed on the 4-hour (H4) time frame chart, experienced significant price movement this week, particularly on Wednesday. This upward momentum was driven by a series of financial developments that impacted...