The GBP/USD currency pair, representing the exchange rate between the British Pound and the US Dollar, currently sits at 1.2735. The prevailing trend is bearish, indicating that the Pound is losing value against the Dollar. This trend has been...
Daily Four-Hour Chart Analysis in Forex Trading Introduction to Forex Chart Analysis Forex trading involves analyzing currency price movements to make informed trading decisions. Among the numerous tools and techniques, chart analysis stands out as...
Current trading plan for the New Zealand Dollar / US Dollar currency pair. Timeframe H4. We will examine the feasibility and profitability of today's trading on an instrument from the point of view of the relevance of the signals from the Extended...
What is Spinning Top candlestick pattern In the world of candlestick trading, there are numerous patterns that traders use to identify potential trading opportunities. One such pattern is the Spinning Top candlestick, which is a versatile and...
GBP/USD technical outlook: The trading session commenced in a support area, where the price was propped up by the channel lines. The price has now advanced to the first resistance area, encountering opposition from both the weekly pivot level and...