Technical Reference: buy as long as it is above 1.27205 Resistance 1: 1.27745 Resistance 2: 1.27855 Support 1: 1.27205 Support 2: 1.27065 GBPUSD was able to rebound from the weekly low level to break out the bearish channel , the potential increase...
What Is the Envelopes Indicator? The envelopes indicator is a technical analysis tool used in financial markets. It analyses price movements to identify potential trading opportunities. It consists of two main lines plotted above and below a...
The GBP/USD currency pair, also known as "Cable," is currently trading around 1.2691, with a noticeable bearish trend. The recent price action suggests a sluggish market, but several factors indicate potential for significant movement in the near...
Winning in Forex: USD/ CHF We analyse the live dynamics of the pricing movements of the USD/ CHF currency pair. The USD/CHF pair trades below the resistance level of 0.894, indicating a downward trend. Currently, the price is around the local level...
For oil on the weekly chart, the price was quite confidently pushed to the north, as a result of which a full bullish candle was formed, which was able to easily break through and confidently consolidate above the resistance level, which, according...