GBP/USD Price Analysis: Current Market Situation and Potential Movements As of this afternoon, the GBP/USD currency pair has not exhibited any significant movements. The current price remains stable around the base area of 1.2494, with buyers...
Evening Star Candlestick Chart Pattern The Evening Star is a bearish candlestick pattern that typically signals a potential reversal at the top of an uptrend. It consists of three candles: First Candle (Bullish): A large green (bullish) candlestick...
The US Dollar experienced a sharp unwinding of long positions following the latest Des Moines Register/Mediacom Poll, which revealed that Vice President Kamala Harris is leading former President Donald Trump by three points in Iowa—a state Trump won...
Today was unproductive for me in terms of trading, particularly with the EUR/USD pair. Despite a spike above the 1.04 level, I hesitated to sell as the movement quickly reversed, resulting in a false breakout at 1.0435. The pair eventually closed...
Gold Analysis Gold prices wavered briefly before hitting a new record high on Friday, February 7, following the release of the latest US employment data, which showed the labor market had slowed but remained resilient. Along with assessing the...