How to Use Fibonacci Retracements Let’s talk about Fibonacci retracement levels. Fibonacci retracement levels are horizontal lines that indicate the possible support and resistance levels where price could potentially reverse direction. The first...
Keep pace with the latest Economic Calendar and pay attention to the key indicators for your investment! Core Durable Goods Orders(14:30 UTC+2) Prev. Reading 0.5% Learn more about all the other news of the week at ______ This information is...
The United Kingdom's (UK) September retail sales numbers were better than anticipated, which helped the pound sterling (GBP) beat its critical competitors on Friday. The Retail Sales report, an important indicator of consumer spending, increased by...
The GBP/USD currency pair is experiencing some selling pressure at the start of the week, influenced by relatively low trading volumes due to holidays in China and Japan. Currently, the spot prices hover around the 1.3037 mark, reflecting a modest...
The currency pair is trading with slight headways near the 150.30 mark during the early Asian session on Friday. However, the ongoing decline of the US dollar is exerting pressure on the pair. With the release of the US September Consumer Confidence...