GBP/USD Daily Technical Analysis Sterling Moves Towards 1.2350 Level After The UK Employment Data GBP/USD gathered the attention of fresh buyers on Tuesday’s session as the UK employment data was on focus. After the positive release of the Average Earnings Index of 6.7% rise in the September to November 2022 report, Cable strengthened and pushed …
On October 15th I show you EUR/USD pair at possible support – daily and monthly time frame. The price already broke trend line at daily timeframe. and daily candlestick close above trend line. There are two possible scenario right now. The price will continue in bullish trend or the price will test trendline as support.
GBP/USD Fundamentals & News: On 19th October, GBP/USD currency pair started its trading session at $1.1340. Throughout the day, the currency pair reached a high of $1.1351 and a low of $1.1247. Currently, the GBP/USD is moving at $1.1261 on a bearish note. The currency pair GBP/USD extended its downside momentum on Wednesday after the …
EUR/USD Fundamentals & News: On 18th October 2022, the currency pair EUR/USD started its day at $0.9845. Throughout the day, the forex pair reached a high of $0.9866 and fell to a low of $0.9823. At the time of writing, it is moving at $0.9852, with the momentum being bullish. The currency pair started this …
Looking at the chart above it is obvious that dollar becoming stronger and stronger. Trend is so clear, the question is where is the end of the bearish trend. In my opinion this pair is going to dive more. If you are bullish you need to wait break of this trend-line to search for correction. …
Head and Shoulders well known chart patterns. I notice formation at the end of last week. Managed to close 50+ pips. This is not the best example of Head and Shoulder patters but it works. Cable (GBP/USD) on H4 time frame. I”m still searching for better formation of right shoulder and if find good opportunity …
The greater the difficulty, the more the glory in surmounting it.
Epicurus
