Weekly review of GBP/USD for April 24-28, 2023
Weekly Review : The GBP/USD pair steep decline spells for a capitulation event underway from the levels 1.2470 and 1.2448. More price decline is li…
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Long-term perspective. The EUR/USD currency pair was traded illogically again this week. We should start with the fact that we did not see any corr…
Long-term perspective. The EUR/USD currency pair again traded somewhat illogically this week. The correction never began, although the pair remaine…
Early in the American session, Gold (XAU/USD) is trading around 1,996.66, retreating after the instrument reached the 21 SMA located at 2,001.20. We…
Analysis of EUR/USD on April 10. Easter Monday, and that says it all.
The wave markup of the 4-hour chart for the euro/dollar pair continues to get more confusing due to the recent upward waves. These waves are the beg…
Ichimoku cloud indicator analysis on EURUSD for April 10th, 2023
EURUSD is under pressure. Price is challenging the 4hour Kumo (cloud) support at 1.0855. Price is vulnerable to more downside as it trades below bot…
Technical analysis of GBP/USD for April 09, 2023
Overview: The GBP/USD pair broke resistance which turned to strong support at the level of 1.2302 yesterday. The level of 1.2302 coincides with a g…
EUR/USD and GBP/USD: trading tips for beginner traders on April 7 (US session)
The absence of statistics and the pre-Easter European session did not lead to market changes in the euro and the British pound. Although sellers of t…
Technical analysis on NZDUSD for April 4th, 2023.
Black line- resistance Blue line -support trend line Yellow rectangles- higher lows NZDUSD is trading around 0.6271 after making a new higher hig…
