The chart represents the GBP/USD currency pair on the H1 (hourly) timeframe. This analysis will evaluate price action, moving averages, and the Relative Strength Index (RSI) indicator to determine the market sentiment and potential trading...
EUR/USD is trading near 1.0500 in the European session on Wednesday. The pair is facing difficulties due to cautious market sentiment and renewed demand for the US dollar, as traders expect a rise in US inflation data that could affect the pace of...
The British pound saw a minor increase on Tuesday, rising nearly 0.2% to reach the 1.2800 level, a crucial resistance point that has recently hindered bullish momentum. As investors await the release of the US Consumer Price Index (CPI) inflation...
Important points about EURUSD: We can see that sellers are becoming quite strong in the EURUSD market. The price action over the past few sessions has shown clear signs of a bearish trend, and it appears that the sellers are gaining control. This is...
Good afternoon, dear forum fellows and visitors from all over the world. How are you doing today? I hope you are fine and enjoying your trading activities. Today is the 3rd day of this trading week. We haven't seen massive movement from the market....
