Technical analysis of the EUR/USD pair On the 4-hour chart for the EUR/USD pair, the price moved in a downward direction this week after giving an upward signal at the beginning of this week. Trading opened this week within descending price...
Technical Indicators Technical indicators are mathematical calculations based on historical price, volume, or open interest data, used to predict future market movements in forex trading. Traders use them to identify trends, measure market...
Technical Analysis ofEUR/USD On the 4-hour chart of EUR/USD, the price has moved in a bearish direction this week after giving a bullish signal earlier this week. The trade opened this week inside the bearish price channels, which represent the...
GBP/USD Today, GBP/USD is moving cautiously as the market reacts to a mix of data and sentiment shifts. On the UK side, inflation figures released earlier this week showed a slight decline, which has dampened expectations of immediate rate hikes by...
The GBP/USD currency pair extended its downward trend for the third consecutive trading session, hovering around the 1.2580 level during the Asian trading hours on Friday. This bearish momentum was primarily driven by the strengthening US Dollar,...
