GBP/USD Forecast for April 9, 2025
On Tuesday, the British pound tested the lower boundary of the target range at 1.2816/47 with an upper shadow. This morning, the price managed to move inside this range. A consolidation above it will open the path toward the 1.3001 target.
The Marlin oscillator is showing optimism, rising steeply toward the boundary of the growth territory.
On the H4 chart, Marlin has not yet reached positive territory, and the price still faces the MACD line at 1.2886 above the target range.
Price consolidation within the 1.2816/86 range is likely until this resistance is reached. A breakout above 1.2886 would remove the final barrier for growth toward 1.3001.
The material has been provided by - RobotFX
Last week, the EUR/USD pair ended with a slight 0.10% decline but posted a weekly gain of 0.51%, amid reduced risk appetite amid specul...
The EUR/USD currency pair traded very sluggishly for most of the day on Wednesday. This is not particularly surprising, as there were n...
Analysis of Transactions and Trading Tips for the Japanese Yen The price test at 154.66 coincided with the MACD indicator just beginning to...
Gold is trading around $4,117 with a strong upward movement after finding good support around 6/8 Murray located at $4,062. Gold reboun...
Bitcoin has fallen below $100,000, which is a rather alarming signal for traders. Ethereum is also trading around $3,100, preparing to test ...
On Tuesday, the EUR/USD pair formed a clear rebound from the 76.4% corrective level at 1.1517, reversed in favor of the euro, and rose towa...
EUR/USD Analysis – April 10th Download MetaTrader Expert Advisors / Indicators The wave pattern on the 4-hour chart for the EUR/USD pair ha...
Download NOW!
No comments:
Post a Comment