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GBP to USD has an eventful day today. Meanwhile, the United Kingdom CPI data remains the center ahead of Jerome Powell’s speech, economic projects, and Federal Reserve policy decision. It’s an eventful Wednesday morning for GBP-USD, with markets focusing on the UK November inflation stats. Nonetheless, there’s uncertainty about the BoE’s (Bank of England) short-term … Read more
It was a calm session for the United States dollar yesterday, recording a minor upside against top peers (according to the USD Index). Meanwhile, the recent technical report by the research team stated that sellers keeping the state south of the 200d Simple Moving Average would likely mean dominant sellers. That could see short-term and … Read more
Whilst there are a vast number of indicators which are released daily, not all will influence the forex markets, and indeed many of the fundamental news releases are flagged as high, medium or low priority to indicate this fact. As you would expect, those with a high priority are considered extremely important and followed by … Read more
Forex indicators are widely used by technical trading analysts to help them decipher price charts for finding accurate buy and sell signals. Every Forex indicator has its own unique mathematical and visual properties. While there are hundreds, even thousands of technical Forex indicators out there, there’s really only a handful that are worth knowing and … Read more