EUR/GBP price movement is portraying an indication of a short-term recovery, as the pair resumed its rebound as far as 0.8685 area in the initial trading of the European market. This positive trend, though, should be considered in the framework of...
Market Analysis and Insights: The ETH/USD pair is currently enduring a significant bearish correction, plummeting to $2,447 as part of a broader "risk-off" wave hitting the cryptocurrency sector. Recently, Ethereum has struggled with high volatility...
Technical Indicator Analysis Support and Resistance Levels: ETHs price action is currently defined by a "symmetrical triangle breakdown" phase. Major Support: The immediate floor is established in the $2,600 to $2,700 range. A break below this...
The Bullish Inside Bar pattern is a popular price action setup used by forex traders to identify potential trend continuation or trend reversal opportunities, especially in bullish market conditions. An Inside Bar forms when the current candle’s...
GBP/USD Technical Analysis (H4 Timeframe) Based on the provided H4 chart data for GBPUSD, the technical structure reveals a short-term bearish consolidation phase following a preceding downtrend, with immediate resistance holding firm. The price...
