The GBP/USD currency pair, also known as "Cable," is currently trading around 1.2691, with a noticeable bearish trend. The recent price action suggests a sluggish market, but several factors indicate potential for significant movement in the near...
For oil on the weekly chart, the price was quite confidently pushed to the north, as a result of which a full bullish candle was formed, which was able to easily break through and confidently consolidate above the resistance level, which, according...
The GBP/USD currency pair, commonly referred to as "Cable," is currently trading at 1.2682. This price level reflects a bearish trend, indicating that the British pound is weakening against the US dollar. While the market has been moving slowly,...
What is Pivot point in Forex Trading? Detailed Calculation of Pivot Points Pivot points are derived from the previous day's high, low, and closing prices. Here's a step-by-step breakdown of their calculationivot Point (P)=High+Low+Close3P =...
In the past month, the NZD/USD currency pair has shown significant bearish tendencies, with sellers making a concerted effort to dominate the market. The price has been pushed down to the 0.6094 area, which marks a notable shift from the preceding...