Since that point, the price has steadily formed higher lows, which suggests that upward momentum could continue in the near term. However, there remains some uncertainty as to when the expected downtrend will resume. The current correction phase may...
Exponential Moving Average EMA The Exponential Moving Average (EMA) is one of the most popular tools used in forex trading. But what makes it so essential, and how can it help you make better trading decisions? In this article, we'll dive deep into...
AUD/USD If we look at the chart of the AUD/USD pair, we did not find any significant changes yesterday, as the prices are still trading above the support level of 0.6643, while maintaining positions below the red moving average. Therefore, there is...
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Hello friends how are you, GBP/USD consolidates latest gains below 1.3100 in European trading on Tuesday. The UK ILO unemployment rate fell to 4.1% in the three months to July, in line with forecasts, lifting the pound sterling but steady US dollar...