Technical analysis of foreign currencies in the GBP/USD pair The price of the British pound began the new week's trading with a strong advance against the US dollar, although the busy US data calendar and the elections in Britain may raise some...
Fundamental Analysis Tuesday's Asian session sees the gold price (XAU/USD) draw in new sellers, reversing the previous day's upward trend and approaching the crucial barrier of the 50-day Simple Moving Average (SMA). The US dollar (USD) obtains some...
The EUR/JPY currency pair has been under significant selling pressure, with bearish sentiment dominating the market. This trend has persisted despite the European Parliament election, an event that many hoped would bring a shift in market dynamics...
Participating in a Forex forum can be incredibly beneficial for traders of all levels. Whether you're a novice looking for advice or an experienced trader sharing insights, adhering to the rules and etiquette of the forum is essential to maintaining...
GBP/USD D1 chart The British pound found itself in a curious position on Friday. Despite positive retail sales data and a PMI report indicating continued economic growth, the pound remained lower against most US currencies, with the exception of...