The recent sharp reversal in the GBP/USD market has caught my attention, leading me to believe that there's no current reason to re-establish the previously discussed channel. I think the four-hour channel will continue to operate within the same...
ANALYSIS OF NZD/JPY PAIR. The NZD/JPY H1 chart reveals a clear and sustained downtrend, with the price consistently trading below the 50-period moving average, indicating strong bearish momentum. The price has been making lower highs and lower lows,...
GBP/ USD: Forex Dynamics through Price Action Let's discuss the GBP/ USD currency pair's current pricing behavior, and our analysis's focus. We stumbled again at the same place and went down. Perhaps this is an acceleration into a fall, but...
Hi all, Well, I hope you all are good. We will evaluate the performance of GBP/USD in this trading session. GBP/USD is trading at 1.2686 at the time of writing. If we consider candles and their combinations, then today the price will increase. On...
XAUUSD (GOLD) ANALYSIS Good Afternoon, dear forex friends. Today, I will discuss the Gold (XAUUSD) pair. Gold (XAUUSD) currently trades at $2,890, reflecting ongoing market volatility driven by global economic conditions. As a traditional...