Based on the H4 TF reference above, it can be seen that there is a decline that has been able to cross the moving limit of the 200 MA (blue) with the condition of a bearish Gap forming past the 200 MA limit. This confirms that the trend is already...
Comprehensive GBP/USD Technical Analysis for June 12, 2024: Introduction: In today's GBP/USD technical analysis, we'll delve into various timeframes to provide a detailed outlook for traders. Utilizing price action, daily, H4, and hourly...
HAPPY KILLER EUR/USD TRADING DISCUSSION Daily Timeframe Outlook: We open the daily chart for the euro/dollar pair and see that a strong downward price channel was previously broken, within which the major is trading at 1.0743. Moreover, it is worth...
GBP/USD Technical Analysis(12-6-2024): According to the price action, the pair will move upward today. You can open buy orders between the 1.2737 and 1.2686 levels. If the price breaks the 1.2684 level to the downside? It will invalidate this...
GBP/USD Forecast Have a successful trading day guys! The UK GDP rate will determine the next market sentiment of GBP/USD today. However, the UK Average Earning Rate and other news couldn't help the buyer to make a better recovery. Yesterday, the...