Analyzing the GBP/USD Downward Trend and Key Support Levels

GBPUSD market trading analysis

Good morning, traders! Welcome back to our analysis corner, where today we’re diving into the GBPUSD pair. Let’s explore the latest trends and insights together. GBPUSD market trading analysis: The GBPUSD pair has been sliding down for three days in a row as of Tuesday, hitting its lowest point since November 17 during Asian trading […]

XAUUSD Technical analysis and Market updates

Surge procing in XAUUSD (Gold) market.

Dear Traders, Welcome to Today’s XAUUSD Technical Analysis! At Guriforex, we’re dedicated to keeping you updated on market trends. Let’s dive straight into our comprehensive analysis without delay. XAUUSD Technical Analysis: 🔥 The XAUUSD pair is currently experiencing a significant surge, and it has reached new highs while exhibiting the formation of a rising wedge […]

XAUUSD | Guriforex trading signal 18 May 2023

guriforex trading signal

XAUUSD | Guriforex trading signal 18 May 2023 XAUUSD may reverse soon!Here is the demand zone on XAUUSD. Watching for a rejection from that zone with an initial target around 1987. Trade with Guriforex

USDJPY started falling on H4 time frame guriforex trading signal 15 May 2023

guriforex trading signals

#USDJPY The pair bounced from the local trend line and now it is testing 23.6% Fibo correction If it breaks 137.700 the next target is 135.460 – 135.500 Trade: sell USDJPY. The analysis was made on 4H TF. Take your time and be patient! TP: 135.500 SL: According to your trading strategy TRADE WITH guriforex

XAUUSD outlook guriforex trading signal 12 may 2023

guriforex trading signal

The price has formed two trendlines: resistance local trendline (blue) and support global trendline (black). The main idea here is to spot a breakout and follow it. If the price breaks above the resistance trendline (blue), the target will be 2046.00. If the price declines below the support trendline (black), the closest target will be […]

GBPUSD is bearish! Guriforex trading signal 12 May 2023

#GBPUSD GBPUSD fell to the support trendline. At the same time, the RSI broke the trendline predicting a downtrend continuation.Thus, traders may look for the 1.2505 support breakout and sell the pair with targets at Traders who like to risk may also look for sell trades inside the 1.2550 – 1.2580 resistance range. Trade: Sell […]