On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...
The image is a technical analysis chart of AUD/CAD on a 4-hour timeframe. Here’s a detailed breakdown of the key elements and potential implications: ### Key Elements: 1. **Support and Resistance Levels:** - **Resistance Levels:** - 0.93597 -...
Lately, I've observed that both the British pound and the US dollar can move in the same direction against the euro. This implies that when the dollar starts to rise and the euro declines, the pound might also continue to increase, though not as...
GBP/USD Forum Analysis, Forecast On yesterday, the GBP/USD currency pair experienced a decline during the Asian trading session, indicating significant selling pressure in the market. This decline continued until it reached important support at...
Interlock's Trading Journal: Market Overview and Bitcoin Analysis Greetings everyone, and a warm welcome to Interlock's Trading Journal. How are you all doing today? I hope you're enjoying the profits from my recent Bitcoin analysis. Yesterday,...