T E C H N I C A L _ A N A L Y S I S G B P / U S D Hi all. I hope everyone is doing well in trading. Today is the 5th day of this trading week and on this occasion; I will try to analyze the GBP/USD market. GBP/USD is trading at 1.2233 at the time of...
GBP/USD Fundamental Analysis: Today, I’m seeing the British pound struggling against the US dollar as market sentiment remains dollar-favored. UK economic data hasn’t been too encouraging—retail sales are weaker, and inflation continues to slow,...
Good afternoon my all friends.The trading chart on NZD/JPY currency pair chart on the hourly timeframe displays a prominent trend structure with alternating bullish and bearish movements. The price initially shows an upward trend, forming higher...
TRIX Indicator The TRIX indicator, or Triple Exponential Average, is a momentum oscillator used in technical analysis, particularly in forex trading. It combines trend-following and momentum to help traders identify trends and potential reversal...
Following the announcement of China's economic statistics on Friday, the Australian dollar (AUD) slightly strengthens vs the US dollar (USD). Following a 4.6% increase in the third quarter of 2024, China's GDP climbed 5.4% year over year in the...