GBP/USD on the 4-hour timeframe, there are several important phases that I observe. Initially, there was a significant uptrend where the price gradually increased from around 1.2630 to reach a peak around 1.3045. This shows the strength of the...
**EUR/CHF Market Overview** The EUR/CHF currency pair is currently trading at approximately 0.9482, reflecting a bearish trend that has characterized recent market activity. Although the market has been moving slowly downward, various indicators...
Understanding the Matching High Candlestick Pattern The Matching High candlestick pattern is a significant indicator used in technical analysis to forecast potential price reversals in financial markets. This pattern emerges during an uptrend and...
USD/JPY H1 Analysis Current Market Situation Today, USD/JPY opened at 147.23. Analyzing the H1 timeframe, the candle is still stuck within the resistance area. If this area is successfully penetrated, USD/JPY is likely to rise further. However, if...
GBP/USD technical analysis The price moved inside the narrow range shown on the hourly chart throughout the morning. Today, the pair broke through the channel's bottom border around 1.2830 but has since been unable to sustain its downward momentum....