The GBP/USD H1 chart presents a detailed view of the currency pair's recent price action, capturing both intraday fluctuations and broader trends. The current trading range is confined between 1.2895 and 1.2922, with the latest closing price at...
News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
GBP-USD PAIR FORECAST The trend is still under the control of bearish movements again, especially after last Friday it was clear that market movements were more influenced by the strengthening of the USD itself, which is able to encourage this GU...
Forecast of USDCHF Several technical indicators, particularly the RSI indicator on the daily time frame chart, showed that the USDCHF price has achieved the oversold level. It is currently trading at 25. Because of the oversold condition, the USDCHF...
Predicting large impulses is inherently challenging, especially during consolidation phases in the market. While I know that even in accumulation periods, strong breakouts can happen, it's difficult to pinpoint the exact timing of such moves. From a...