I observe that the USDCAD currency pair is currently trading within a narrow consolidation range, creating ambiguity in determining its next directional move. I recognize that such periods of accumulation can extend for prolonged durations, making...
Technical Analysisound Sterling aims to stabilize above 1.2600 The Pound Sterling recovers sharply against its major peers after upbeat UK employment data for the three months ending December. The UK economy added 107K workers and the jobless rate...
EURGBP Analysisotential Sell Opportunity at 0.83460 In today's analysis of the EURGBP currency pair on the four-hour timeframe, we observe a clear technical setup that presents a potential selling opportunity. The primary focus is on the resistance...
EUR/USD: Simple business tips for beginners on 18 February. Analysis of yesterday's forex shops Analysis of shops and business tips for euro The price tested the level of 1.0475, when the MacD indicator has already moved significantly under the zero...
Based on the analysis of the LRMA BB indicator on the NZDUSD currency pair, I have identified the upper and lower boundaries at 0.57269 and 0.56810, respectively. I also noted that the central component of the indicator is the moving average, which...