GBP/USD H-4 Greetings, forum and trading colleague! We continue to analyze the market situation for the British currency and in this analytical post I would like to look at chart H4. A sell signal previously appeared on it in the form of a breakdown...
The GBP/USD currency pair has begun forming a bottom with the lower red channel line, targeting the weekly resistance level of 1.2686. If the price successfully breaks the resistance at 1.2670 and the D1 candle closes above it, this could be a buy...
The Silver's price behavior analysis is currently open to discussion. Although Silver is formally declining within the descending channel, it is a minor correction within a more significant upward trend. The influential daily bearish candlesticks...
Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around 70-80 pips. However, after...
The USD/CAD exchange rate, currently sitting at 1.3740, is experiencing a bearish trend. This indicates a decline in the value of the US dollar relative to the Canadian dollar. The downward trajectory of this currency pair suggests that market...