For the second day in a row, the GBP/USD pair is seeing a decline, hovering around 1.3190 during Tuesday's EU trading hours. This downward movement is driven by shifting market sentiments and evolving expectations regarding monetary policy. The...
USD/CHF H-1 Hello fellow Forex traders! What makes us value selling more than buying? The moving average is above the price of the trading pair. To sell this tool, we need confirmation. To do this, we will use an additional signal from the MACD...
The US dollar saw a modest recovery against the Japanese yen during early trading on Tuesday, with the pair holding just above the ¥140 level. If the market can push higher and break the ¥142 barrier, there is potential for further gains. However,...
On Tuesday, the pair traded slightly lower at 1.1111. This decline comes as the pair gains strength against the US Dollar (USD). The primary driver behind this movement is the anticipation that the Federal Reserve (Fed) might implement a significant...
In this technical article, we will take a quick look at the Elliott Wave charts of the GBPUSD forex pair published in the members section of the site. As our members know, GBPUSD recently gave us a correction to the 1.2664 low. The pair reached our...