Crude rose to $84.64 on Tuesday before sellers regained control, sending the price back lower. This peak includes a Fibonacci retracement of 78.6% and an impressive increase of 16.4% from the trend low of $72.73. Also, resistance held firm on the...
GPU/USDmD1 currently licking its wounds after the Bank of England's (BoE) decision to hold rates sent it tumbling to a one-month low. GBP/USD is hovering around 1.2600, potentially setting the stage for a further decline. The BoE's dovish comments...
AUD/ USD Price Tendency We are presently dissecting the dynamic pricing behavior of the AUD/ USD currency pair. We have a developing trend that favors a bearish outcome. Sellers are gaining a clear advantage, intercepting activity at each resistance...
The NZD/USD exchange rate, currently at 0.6076, is exhibiting a bearish trend, indicating a downward movement in the value of the New Zealand dollar relative to the US dollar. This trend can be attributed to several factors, including economic data...
GBP/USD H-1 At the time of writing, the GBP/USD pair is trading flat at 1.26848 in the upper half of the chart. The first part of the Instaforex indicator on this forum shows an even gap between bulls and bears, with the former within a 50.13%...