EUR/USD Technical Analysis Good mourning. The EUR/USD is currently indicating a good bullish move as a result of last week weekly candle opening price which was a jump in the market price from the close of the previous week after a bearish trend in...
The Hammer candlestick pattern is a bullish reversal pattern often seen at the bottom of a downtrend. It signals that sellers initially drove prices lower during the session, but strong buying pressure ultimately pushed the price back up near the...
GOLD ANALYSIS D1 Period Chart Let's look again at the D1 period chart - the GOLD trading instrument. The first trading day was relatively sluggish, as were the next few days. In October, the upward trend continued and a bearish divergence was...
The GBP/JPY currency pair is currently in a downtrend, with the potential for further declines. The pair is approaching a critical support level at the September 30 low of 158.11. This downward trend indicates a potential for further declines. A key...
GBP/USD Technical Analysis: Key Levels and Insights Good morning. After testing solid resistance at 1.2650, the GBP/USD pair initially rallied but reversed, moving south. The bears successfully pushed the price below the 1.2705 support level. This...