GBPUSD currency pair - D1 chart. Earlier last March, the price could not develop a significant decline, a critical mass of sellers had accumulated, and the price skyrocketed in one day, updating the maximum of the previous month. The wave structure...
Candlestick Strategies in Trading Candlestick strategies are among the most widely used techniques in technical analysis. These strategies rely on candlestick chart patterns to interpret market psychology and price movements. Originally developed by...
I observe that the AUD/USD pair has demonstrated extreme volatility, notably testing the critical support level of 0.5982 (Murray 2.8) by the week’s close, where bearish traders opted to secure profits. However, I believe this may not mark the final...
General Points about GBPAUD: We saw that the GBPAUD market had broken the 2.1434 level by last night, marking a significant movement in the currency pair. Typically, the GBPAUD market tends to favor buyers due to the overall strength of the British...
Investors appear increasingly convinced that US President-elect Donald Trump’s proposed policies will be inflationary, which could limit the Federal Reserve's ability to implement further rate cuts. This expectation has prompted a shift in market...
