Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/USD: local bearish 'Flag' pattern
2019-11-11 • Updated
There's a 'Thorn' pattern, so the pair is likely going to test the nearest support at 1.3189 in the coming hours. However, if a pullback from this level forms little later on, it'll be time for a bullish price movement in the direction of the next resistance at 1.3291 - 1.3314.
It seems like there's a local bearish 'Flag' pattern. If so, the market is likely going to test the closest support at 1.3202 -1.3189 shortly. This area could be a starting point for another upward price movement.
GBP/USD has managed to rise for the third trading day in a row including today’s Asian session, while the daily technical indicators are moving higher gradually.
Discover the outlook for EUR/USD, EUR/GBP, and GBP/USD.
In today's article, we will be performing an interesting analytical experiment - Correlation! To start, I have chosen a few indices that we will be observing. It's just like we're analyzing...
I know we've had quite an amazing run these past few month, with over 78% accuracy in our trade ideas and sentiments, and thousands of pips in profits monthly...
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...