What is Technical Analysis
GBP/USD Forecast: Faces Consolidation
Regardless of the direction the market takes, proper position sizing is paramount. The GBP/USD demonstrated strength in Thursday’s trading session, experiencing a […]
Sideways Movement Continues Ahead of Centr
At the end of the day, the euro continues to exhibit sideways movement as traders await the central bank meetings scheduled for […]
Volatility and Key Levels Define the Mar
Given the inherent volatility in the oil market, it is essential to approach trading with caution and adopt appropriate position sizing. The […]
Faces Consolidation and Negative Headwinds
The Reserve Bank of Australia’s surprise interest rate hike contributed to the recent rally in the Australian dollar. The AUD/USD displayed further […]
Builds Pressure Below Key Level, Potential
The bullish nature of the Thursday candlestick suggests the presence of buyers willing to enter the market at favorable levels. The GBP/JPY […]
Faces Resistance and Uncertainty Around 43
In conclusion, the S&P 500 faces significant resistance and uncertainty around the 4300 level. The S&P 500 index continues to encounter considerable […]
Faces Noisy Trading, Consolidation, and Supp
It is important to acknowledge the market’s inherent noise as traders attempt to assess whether sufficient momentum can be generated for an […]
Reaches Toward the 50-Day EMA
Pay close attention to the overall risk appetite because the US dollar is a safe currency, and the South African Rand is […]
Markets Consolidate Within Defined Range, Awa
Despite the expected volatility, the market’s previous strong trend suggests that there should be a certain level of support on any downward […]
Market Shows Signs of Rallying
Shorting silver may not be advisable, as the market holds potential for an eventual uptrend. The silver market experienced a significant rally […]
Chart Pattern Points to a Rebound
The AUD/USD pair also retreated after more signs emerged that the Chinese economy was not doing well. Forex Brokers We Recommend in […]
Volume and Volatility Extremely Constr
The EUR/USD pair reacted mildly to the latest German industrial production data that revealed that the economy is slowing. Forex Brokers We […]