Unlocking the Secrets of the Matching High Candlestick Pattern: In the technical analysis, candlestick patterns are a powerful tool for traders to anticipate market movements. Among these patterns, the Matching High pattern stands out for its unique...
### Current Market Overview The GBP/USD currency pair has recently made a notable move by breaking through a significant resistance level at the 1.29374-1.28900 range. This breakout is a key development in the forex market and suggests potential...
NZD/USD PAIR The New Zealand dollar (NZD) has seen a remarkable increase over the last three days, reaching approximately 0.6120 against the US dollar (USD) during European trading on Thursday. This increase is attributed to the weakness of the USD,...
### EUR/USD Currency Pair Analysis The EUR/USD currency pair experienced a notable decline on Thursday, falling to a crucial support level of 1.0900. This downward movement is part of a broader trend driven by the strengthening of the US dollar and...
After breaking through the resistance line of the daily channel (trend line), the bulls gave a signal to change the daily trend from downward to upward, with the subsequent attack on the next local resistance at around 1.09852. The bulls failed to...