Technical analysis. GBP/USD H-1 Before starting a new analytical forecast, I would like to see how my morning trading forecast was worked out. Previous H1 chart: As we can see, an ascending price channel was formed earlier, within which the GBP/USD...
ANALYSIS OF NZD/CHF PAIR. The NZD/CHF 4-hour chart presents a complex price structure characterized by a long-term downtrend followed by a consolidation phase and a recent bullish recovery attempt. The price has been trading below the...
GBP/USD In Market Spotlight This Week The Pound Sterling was seen consolidating (sideways) against the US Dollar and Euro at the beginning of this week. GBP/USD climbed to almost touch the 1.3000 threshold, but then declined to 1.2975 when the news...
The Average True Range (ATR) Indicator The Average True Range (ATR) Indicator is a popular technical analysis tool in Forex trading that measures market volatility. It was developed by J. Welles Wilder Jr. and is used to determine how much an...
ANALYSIS OF EUR/GBP PAIR. The EUR/GBP pair on the H1 timeframe is exhibiting a critical structural evolution, with price action consolidating around the 0.8416 level following a notable bullish rally. The 200-period moving average, depicted as a red...
