Forecast of GBPUSD Daily time frame chart outlook: The GBPUSD hit the crucial price level of 1.2687 yesterday during the price decline, as I was able to observe by looking at the daily time frame chart. The GBPUSD touched the trend line, as I...
THE CURRENCY PAIR GBP-USD The data came out interesting and, in my opinion, multidirectional; it was possible to choose in which direction to react. We chose the southern direction, and that’s good because I was in the mood for sales. Here, the...
Forecast of Crude Oil Daily time frame chart outlook: The price of Crude Oil had to be adjusted as according to the RSI indicator, it had oversold at the support level of 72.44, which was reached last week, as can be seen by looking at the daily...
The EURUSD currency pair has been on a downward trend recently, falling -1.57% from its peak to trough over the last few days. This decline is being attributed to a number of factors, including the EU parliamentary elections and the upcoming...
The US dollar (USD) gained strength against the Swiss franc (CHF) on Monday as expectations for a Federal Reserve interest rate cut in September weakened. Strong labor market data in the US has led investors to believe that the Fed will keep...