Gbp-usd Hourly and Weekly Base Time frame Analysis: H1 Time frame Technical Analysis: On the H1 chart for the GBP/USD pair, the Ribbon indicator clearly indicates a downward trend, reflected by its red coloring. This trend is further supported by...
Investors on edge, awaiting new fiscal stimulus from China Investors and analysts believe that China is bracing for some unexpected moves. According to the Economic Times, the Chinese government is planning to deploy 2 trillion yuan ($283 billion)...
We're concentrating on the assessment of the GBP/USD pair's price movements. Meanwhile, the EUR/USD exchange rate between the euro and the U.S. dollar is undergoing significant shifts due to a combination of technical and fundamental drivers. The...
On Thursday, after four days of losses, Crude Oil finds a floor and stabilizes. This still represents an almost 7% loss for the week. As traders begin to question if Israeli Prime Minister Benjamin Netanyahu would honor his pledge to the US not to...
WHAT IS PENNANT PATTERN? Pennant Pattern *Definition:* A pennant pattern is a technical analysis chart pattern that resembles a pennant shape, typically forming after a strong price movement. It's a continuation pattern, indicating a brief pause...