GBP/USD pair, representing the exchange rate between the British Pound and the US Dollar, is one of the most actively traded pairs in the forex market. It is heavily influenced by a variety of economic, political, and financial factors from both the...
For this instrument, it is clear that accumulation is underway. I expect this ongoing accumulation to culminate in a significant upward movement. As I've mentioned many times, I plan to monitor the resistance levels at 79.96 and 80.62. Near these...
Market Overview and Trading Journal Greetings, traders! Welcome to Interlock's Trading Journal. I hope you're all doing well. Yesterday, Bitcoin tested the $59,300 support level before bouncing back strongly towards $62,500. Currently, Bitcoin shows...
The EUR/JPY currency pair, which stands at 171.13 as of the current moment, is exhibiting a bearish trend. While the market appears to be moving slowly at present, there are compelling reasons to anticipate a significant movement in the coming days....
Fundamental Analysis Tuesday's gold price (XAU/USD) moves higher despite the declining value of the US dollar. The US Purchasing Managers Index (PMI) was higher than anticipated last week, which caused Federal Reserve (Fed) policymakers to postpone...