GBPUSD TECHNICAL OUTLOOK The GBPUSD currency pair has recently encountered rejection at the 1.29560 level, suggesting a robust resistance zone at this price point. This rejection has created an opportunity for traders to assess the pair's trajectory...
Traders enter positions when the price breaks key support or resistance levels High momentum is needed for this strategy to be effective.Intraday forex trading offers exciting opportunities for traders seeking quick profits through short-term price...
The GBP/USD 4-hour chart currently exhibits a clear bullish trend, with the price trading around 1.2945. The next significant resistance level to watch is approximately at 1.3000. The upward slope of the 9-period Simple Moving Average (SMA) and...
The pair was trading near the 1.44185 level when I observed significant sell volume. I assumed that the pair would move lower as the sellers' limits were actively working at this level. The level was broken from top to bottom, and I noticed that a...
XAUUSD (Gold) Trading Analysis Gold (XAUUSD) is trading at 2916, showing strong bullish momentum as it moves toward key resistance levels. The Relative Strength Index (RSI) is a crucial momentum indicator that helps traders assess whether the market...
