The range formation on the hourly chart for GOLD (XAUUSD) has been notably well-defined, with clear boundaries that make it an almost ideal channel. While there were minor undershoots and overshoots, these are typical in any market and do not...
I have been closely monitoring the pair's performance throughout the week, and I observed a consistent decline in its value. Early in the week, I noticed that the pair broke through the support level at 0.89837, which triggered a sell signal...
Technical analysis GBP/USD H-1 Have a nice weekend, Yurge! Technically, the growth of the majors occurred because EURUSD pushed up the two-month resistance, thereby showing that a real upward reversal had begun. But in any case, the trigger for...
Sentiment analysis is a powerful tool for Forex traders to understand market dynamics and predict price movements. However, it works best when integrated with other analytical approaches like fundamental and technical analysis. Traders should also...
GBPJPY TECHNICAL ANALYSIS GBPJPY weakened to the nearest projection above the mother bar on the daily time frame at a price of 191,504, after being held back by the supply area at a price of 190,729 to 189,772. However, the pressure is still...
