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The test of the 1.2659 level occurred when the MACD indicator began its downward movement from the zero mark, confirming it as a valid entry point for selling the pound...

The test of the 1.0511 level coincided with the moment when the MACD indicator was beginning its downward movement from the zero mark, confirming a valid sell entry...

A significant number of macroeconomic events are scheduled for Wednesday. The ISM Services PMI in the United States is a particularly important report. However, the actual reading must deviate from...

Analysis of Tuesday's Trades 1H Chart of GBP/USD The GBP/USD pair showed minimal trading activity on Tuesday. During the day, only one event could have influenced the pair's movement...

Analysis of Tuesday's Trades 1H Chart of EUR/USD On Tuesday, the EUR/USD pair continued trading within a horizontal channel. The flat movement might not have been apparent a few days...

The number of job openings in the United States was expected to decrease by 63,000 but increased by 372,000. However, it's difficult to draw any conclusions from this data because...

If we look at the 4-hour chart of the AUD/JPY currency pair, it appears that a deviation pattern has appeared between the price movement of this currency pair...

After successfully breaking out of its Descending Broadening Wedge pattern on the 4-hour chart, the GBP/AUD cross currency pair is now strengthening to test its Bearish Fair Value Gap area...

Yesterday's corrective growth was minimal, with the white candlestick amounting to 12 pips. The overall downward trend, driven by the reversal of both the price and the oscillator from their...

The movement of the pound sterling within the range of 1.2612–1.2708 since November 14 appears to be consolidation, with false breakouts on both sides on November 22 and 29. Following...