Gold prices experienced a significant decline following the Federal Reserve's interest rate decision and subsequent comments from Chairman Jerome Powell. The market's initial optimism, fueled by expectations of continued monetary easing, was...
Market Outlook: Insights and Strategies Greetings, everyone! A warm welcome to Interlock's Trading Journal. How are you today? I trust you’re doing well and reaping the rewards of our recent Bitcoin analysis. Yesterday, Bitcoin tested the 106,500...
TRADING CHART ON EUR USD H4. The EUR/USD pair on the 4-hour chart reflects a dominant bearish trend, with price action characterized by consistent lower highs and lower lows. The moving average, sloping downward, serves as a key indicator of...
Support and Resistance in Forex Trading Support and Resistance are key concepts in technical analysis. They represent price levels where the market tends to reverse, stall, or consolidate due to the balance of supply and demand. What is Support? ...
The GBP/USD currency pair experienced a significant decline of over 1% following the Federal Reserve's (Fed) hawkish rate cut on Wednesday. The pair was trading around 1.2590 during the Asian session on Thursday. The British Pound (GBP) received...
