Unlocking Profit Potential: GBP/ USD We are currently discussing the analysis of the price behavior of the GBP/ USD currency pair. I'm monitoring the GBP/USD currency pair on the four-hour chart. The existing price action suggests that selling is...
The price of West Texas Intermediate (WTI) crude oil plummeted by over 4% on Tuesday, reaching $70.50 per barrel. This sharp decline was fueled by rumors of increased OPEC+ production and growing concerns about a slowdown in the Chinese economy....
The GBP/USD currency pair is being monitored on the H1 chart, where the current exchange rate is 1.3103. During the U.S. trading session, the bulls struggled to push the price past the 1.3143 level. The MACD indicator suggests a downward trend, and...
The EUR/USD 1-hour chart illustrates a recent period of volatility, with the pair fluctuating between support and resistance zones, heavily influenced by liquidity areas and fair value gaps (FVG). The chart indicates that the price has been...
The Average Directional Index (ADX) is a technical indicator used to assess the strength of a trend in a financial market. It was developed by J. Welles Wilder and is part of the Directional Movement System, which also includes the Positive...