Trading Analysis Tuesday September 17, 2024 GBP/USD H4 time frame As shown by the candlestick pattern on the 4-hour time frame, the current price position that is in the buy zone is still getting strong buyer support so that a bullish trend is...
In Forex trading, the spotter tool is an essential feature used for accurate technical analysis. It allows traders to measure and analyze specific price points and time periods on a chart. The reticle provides price (y-axis) and time/date (x-axis)...
Fundamental Scenario of GBP/USD The GBP/USD currency pair has recently gained positive momentum, especially after surpassing the 1.3200 level on Wednesday. This movement is mainly influenced by risk-on sentiment in the market, which means investors...
ChatGPT Auto You said: trade by RSI indicator Write 500 wordsChatGPT said: ChatGPT The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and change of price movements. Developed by J....
NZD/USD Price Movement The New Zealand Dollar (NZD) traded within a narrow range against the US Dollar (USD) last week, closing at 0.6010. This marks the seventh consecutive day of limited price movement, suggesting a period of consolidation for the...