The prevailing sentiment in the GBPAUD market currently favors sellers or bears. Recently, the bulls for GBPAUD have seen a decline in their value, primarily due to unfavorable data released by the UK’s Financial Department. The revelation of...
The essence of the discussion revolves around the current dynamics of the currency pair in question, likely related to the Euro and Dollar, given the reference to levels such as 1.1276. The speaker, Vitya, expresses a strategic viewpoint regarding...
Technical analysis of EURUSD Today I chose EUR/USD for technical analysis, the market price is rising. An ascending trendline helps the price to rise. Prices touching popular trendlines are high. The market price is when the train hits the line and...
The recent price action of the AUD/JPY currency pair has captured the attention of traders and market analysts alike. After concluding a downward cycle at the support level of 86, which corresponds to the -1.8 mark on the Murray Math levels, the...
Before delving into the specifics of the Evening Star pattern, it's important to grasp the fundamentals of candlestick analysis. Candlestick charts provide visual representations of price movements over a specified period, typically displaying open,...
