T E C H N I C A L _ A N A L Y S I S G B P / U S D Good Morning Members. Hopefully, today's activities will keep you in good health and spirit. Now I will try to analyze the GBP/USD price movement by using the EMA, RSI, and MACD indicators. Let's...
Moving averages are a popular tool in technical analysis, often used to smooth out price data and identify trends over different periods. When using 20-day and 50-day moving averages, you are typically looking to identify shorter-term and...
The euro halted its two-day decline against the US dollar on Thursday, stabilizing around the 1.1340 level. An analysis of the daily chart's technical configuration suggests a potential weakening of the prevailing upward trend, primarily due to the...
Technical Analysis of Gold (H1 Timeframe) Current Price Action and Key Levels The H1 chart for Gold shows the price currently trading at 3270.64, with the session opening at 3280.66 and reaching a high of 3282.95 before dropping to a low of 3270.20....
EUR / USD: My Trading Recommendations The market sentiment of EURUSD might turn in favor of bears later. On Friday, the price hit the 1.1361 level, which is known as a middle point. This could indicate a potential shift in the market dynamics,...
