THE CURRENCY PAIR GBP-USD Yesterday GBP/USD gave a decent correctional pullback, and the pair reached a depth from which it was very attractive to buy—for me, this is the zone around the level of 1.2644. And yesterday it was tested many times; the...
GBP/USD Market Outlook The GBPUSD pair price movement until now remains in a bearish trend. The increase in the UK inflation results (CPI) released yesterday did not seem to support the outlook for the Pound Sterling currency. The price was again...
Technical Analysis USD/JPY H-4 Chart Hello everyone, technical analysis for the USD/JPY currency pair on the H4 chart: General conditions: A price above the MA50 and MA200 shows a bullish trend. This shows that medium-term and long-term buying...
Date: 21th November 2024. Gold Regains Momentum as NVIDIA Delivers a Revenue Surge! For example, traders are able to see the price trading above the Bollinger Band, within a bullish moving average crossover and significantly high on most...
Why Stop Loss is Mandatory in Forex Trading? In Forex trading, a stop-loss order is a predefined instruction to close a trade automatically when the market price reaches a specific unfavorable level. This tool is not just an option but a necessity...
