The NZDUSD currency pair has been experiencing a process of profit-taking for the second consecutive day. Yesterday, the influx of sellers' orders managed to bring the price back to the day's opening level. However, today, at least before the...
The GBP/USD currency pair is currently exhibiting a triangle pattern on its hourly chart. This technical formation is characterized by converging trend lines that depict a narrowing trading range. The pair has been fluctuating within this triangular...
Negative traders, often known as short sellers, have found a favorable environment due to the recent failure to maintain momentum above the 50-day Simple Moving Average (SMA) and the subsequent decline. The 50-day SMA is a widely observed technical...
TRADING ANALYSIS OF BITCOIN The situation in the bitcoin market appears to be back under the control of sellers who are trying to encourage the price of bitcoin to move down. What I gathered from the situation of the bitcoin market in the H4...
GBP/USD Good morning to you, Vlad! Happy weekend to you! My Take Profit was at 1.2625, but I closed the sell at 1.2630 manually. I was afraid that the price would turn around and go north. As the chart shows, I closed the deal early. And it would...