The GBP/USD 4-hour chart reflects a strong bullish trend over the past few months, driven by significant liquidity grabs and the filling of fair value gaps (FVGs). The price action since April has shown a series of higher highs and higher lows,...
Good morning, dear traders! Gold is currently undergoing a bearish swing during today’s U.S. trading session. The price is gravitating toward the 100-day simple moving average (SMA) near the $2510 level. The previously breached resistance line has...
The GBP/JPY currency pair has experienced a decline during the Asian session on Friday, falling below the 188.00 level, the lowest level in three-and-a-half weeks. This was the third session of losses in the past four sessions, driven by a...
The Average True Range (ATR) indicator is a technical analysis tool used to measure the volatility of a financial instrument, such as a currency pair, when trading forex. It was introduced by J. Welles Wilder in his 1978 book "New Concepts in...
EURUSD Trading on the EurUsd market pair on Friday continued to be dominated by sellers who were able to control prices after holding back the bullish buyer's pace by maintaining the resistance area at a price of 1.1123-1.1120 which caused the...