In the EUR/USD 1-day time frame, the market is currently in a downtrend, trading within a range defined by the 1.0845 support level and the 1.0950 resistance level. Recently, the price began to test the support area, displaying signs of divergence...
The Cable is under significant pressure as the US Dollar continues to outperform in recent weeks. The US Dollar Index (DXY), which measures the strength of the greenback against six major currencies, has surged to near 106.40, marking a notable...
In the EUR/USD H4 time frame, the market exhibits a steady uptrend, with the price currently oscillating within a range defined by resistance at 1.0890 and support at 1.0960. The price recently returned after encountering resistance near the 50-day...
GOLD H1 MARKET ANALYSIS. Based on the XAUUSD chart on the H1 timeframe, it can be seen that the current price is moving in a consolidation zone (marked in the blue area) with an upper limit around the 2650-2655 level and a lower limit around the...
GBP/USD: Simple Trading Tips for Beginner Traders December 4 - Analysis of yesterday's forex trades Trading analysis and recommendations for trading the British pound A test of the 1.2659 level occurred when the MACD indicator started to move...