GBP/USD technical analysis A look at the GBP/USD h4 time frame shows that the gold market price is in an uptrend and rising, currently between the 1.3390 resistance and the 1.3240 support. When the RSI indicator shows the current dip below 70...
GBP/USD I’m watching GBP/USD today as it trades around 1.3280, pulling back from the recent high of 1.3423 we saw earlier this week. It looks like the pair is struggling to hold those higher levels, and momentum is starting to shift a bit. From a...
USD/CAD – Downtrend on the 4-Hour Chart, Buying Opportunity Upon Trendline Break (Expanded Analysis – 400 Words) The USD/CAD currency pair is currently exhibiting a clear downtrend on the 4-hour chart, with sellers maintaining control over price...
AUD/USD Today I’m closely watching AUD/USD, as the pair is stuck in a bit of a tug-of-war between risk sentiment and macroeconomic cues. From a fundamental standpoint, the Aussie is feeling some pressure. The RBA minutes earlier this week came off...
One of the biggest mistakes new traders make is overtrading. It often happens when emotions take over, or when traders believe that more trades mean more profits. But in reality, overtrading can drain your account and your confidence. Let’s explore...
