Technical analysis of the GBPUSD pair 4-hour chart The price is now trading in a good buying zone as the price receives support from the lower channel lines. During this week, the price began trading in the support area represented by the lower...
GBP/USD/H4/Time Frame zone yesterday. The GBP/USD reached the 1.2784 zone yesterday successfully. And, the buyers aimed to bounce and cross the next resistance zone of 1.2842 later. Moreover, anticipation is high for the upcoming US trading session,...
Trading Opportunities in EUR/USD Let's discuss the recent behaviour of the EUR/USD currency pair and analyse its implications. Yesterday, the EUR/USD pair came very close to closing the gap but fell short. Today, we anticipate another attempt to...
AUD-USD PAIR REVIEW The price of the AUDUSD pair, which is currently still moving below SMA 200 and the pivot point (PP) 0.6621, is making the direction of the bullish trend weaken. The very impulsive price decline due to the NFP data report last...
In the most recent trading week, the Japanese Cabinet unveiled the latest GDP figures, which unfortunately painted a bleak picture. The report indicated a 0.5% month-on-month contraction in GDP growth, aligning closely with market anticipations....