CB Consumer Confidence is an index of the level of consumer confidence in economic activity. This index is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. This index is based on a monthly survey of about 5,000 American households and reflects their attitudes about current…
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By examining GBP/USD in the 2-hour time frame, we can see that after entering the attractive range of demand in the range of 1.20500 to 1.20800, the price faced demand pressure and managed to grow to the very important resistance of 1.2160 . Now, if the price consolidate above this If this support range ,…
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By re-examining the EUR/USD chart, we see that the price in the range of 1.052 to 1.055 has a strong support that will probably prevent the price from falling further, and also that we have a large liquidity void in the range of 1.067 to 1.06060, which is likely to be filled in the short-term,…
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By examining gold in the 12-hour time frame, we see that the price is still trading in the range of 1980, and according to the previous analysis that I said before a big move, there is a possibility of a Netural Range , it is still valid! Currently, the range of $1975 acts as a…
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