Points Take Away about GBPUSD: The UK Flash Service and Manufacturing PMI make the GBPUSD buyers weak today. Hence, the price is trading around the support level of 1.2642. In the last week, the US PPI (Producer Price Index) and the Unemployment...
Hello. Since the market opened, buyers have been trying to start forming something upwards on the Pound, but so far this growth looks like a correction to the fall, after which the downward movement may continue. To implement this scenario, sellers...
I trade this pattern very actively with HFM and it consists of two candles: the first is a strong bearish (red) candle, and the second is a bullish (green) candle that opens below the previous close but closes at the same level as the previous...
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USD/CHF H1 Chart Analysis Overview Upon analyzing the price movement of USD/CHF on the H1 timeframe chart, it is evident that the market has demonstrated strong bullish momentum in recent sessions. The price has followed a clear upward trend,...