GBP/USD PAIR REVIEW Price of currency: GBP/USD There has been no significant price movement in the gbpusd market until this afternoon. The price is still in the base area of 1.2494 with buyers still dominating price formation. Prediction of the next...
The provided chart shows the hourly price movement of GOLD (XAU/USD) with a strong uptrend from mid-December to early February. The red moving average (likely a 50-period or 100-period MA) indicates dynamic support, which the price has respected...
The USD/CHF H1 chart indicates a strong bearish trend, with the price currently at 0.9011, near recent lows. The downward movement has been consistent, showing signs of selling pressure. The pair is now testing a critical support level, and traders...
USD/CHF Analysis Greetings and Good Morning to everyone! The ISM Service PMI made the US dollar a little weak. However, the market will remain in favor of buyers anymore. Also, the strong ISM data suggests economic resilience, supporting equity...
A morning star candlestick pattern is a visual cue in technical analysis used by traders to identify potential reversal points in the market. It's considered one of the key signals indicating a bullish reversal following a downward trend. The...