General Points about GBPUSD: The current behavior of the market indicates that GBP/USD has not yet overcome the pressure from sellers. Recent economic data, including the UK GDP and CPI events, have not provided significant advantages for buyers....
1. Open the XAU/USD Chart Launch MT5 and log in to your trading account. In the Market Watch window: Locate XAU/USD. If it’s not visible: Right-click the Market Watch window → Select Symbols. Search for XAU/USD and click Show Symbol. ...
AUD/USD Technical Analysis: Today, AUD/USD is trading around 0.6145, hitting a four-year low. On the daily chart, it’s clear the pair is stuck in a descending price channel, trading well below the moving averages, both of which are pointing...
Let’s look at the D1 chart for the EURUSD currency pair again. The euro remained under pressure on Monday. The wave structure here is still building its downward order. The MACD indicator is in the lower sales zone and below its signal line. It is...
EUR/USD Trading Analysis Update Tuesday, January, 14, 2025 Good afternoon all friends, on this afternoon I will try to analyze the EUR/USD currency pair using the H4 timeframe. At the current price for the EUR/USD currency pair, it looks like it is...