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...
Hello everyone! I agree with the idea of a pullback and will observe its strength and the price action that unfolds during this phase. On the daily chart, the resistance level at 1.2228 has already been tested from below, which opens the possibility...
Hello. For the Euro, buyers have so far been able to push the price away from updating the minimum after Trump's promises to introduce duties on European goods soon. And here it is not clear whether the market has already taken into account the...
EURJPY EURJPY outlook: The EUR/JPY currency pair is influenced by the contrasting monetary policies of the European Central Bank (ECB) and the Bank of Japan (BoJ). The Euro is supported by the ECB's cautious stance on interest rate hikes as...
EUR/USD Daily Technical Analysis Market Overview EUR/USD has been showing consistent bullish momentum for the past three days, indicating strong buying pressure in the market. Today’s daily candle also opened bullish, suggesting that buyers are...