Forecast of Gold H1 time frame chart outlook: Although the price was moving within an ascending channel, the H1 time frame chart of the Gold showed that the trend was positive. We can see that the price was moving above the 12, 26, and 50 EMA lines....
GBP/USD Technical Analysis There was no increase in the European Core CPI Rate yesterday. The buyers, however, successfully crossed the 1.3415 level with a breakout. According to the chart below, buyers have developed bullish and bearish views. The...
Forex leverage 1:2000 is a highly leveraged trading option that allows a trader to control a much larger position size than their actual capital would otherwise allow. With a leverage of 1:2000, for every $1 of the trader's money, they can trade up...
At the moment, the GBP/USD currency pair is trading around the 1.3373 level, and the current trend appears to be on the bearish side. The market is moving slowly, suggesting that traders may be cautious due to underlying uncertainties. A bearish...
GBP/USD Weekly chart: As we can see, the flat price channel was broken earlier, after which the pound/dollar pair returned to the upward trend and a new price channel was formed - an upward one. True, the channel has the shape of a northern wedge,...