TRADING CHART ON GBP/USD H1. The chart provided is an hourly chart for the GBP/USD currency pair, showcasing price movements from early November to mid-December. Key components include the price action itself, a moving average (likely a 50-period...
The GBP/USD currency pair traded higher on Monday and Tuesday. There were no clear reasons or reasons for this increase on Monday, as the macroeconomic backdrop from the UK and the US certainly did not support either the pound or the dollar....
Technical Indicators Technical indicators are tools used by traders to analyze price data and predict potential market movements in forex trading. They are based on mathematical calculations applied to price, volume, or open interest data. These...
AUD/USD Technical Analysis Right now, AUD/USD is hovering around 0.6530, with a slight bearish tone. I’m keeping an eye on 0.6500 as key support—it’s a psychological level that could trigger more selling pressure if broken. On the upside,...
Bitcoin’s Bullish Breakout: Key Levels and Strategies Bitcoin is currently showing robust bullish momentum. After rising from the 105,200 level yesterday, it tested the 108,300 level, creating significant upward movement. All technical indicators...
