Technical analysis of EURUSD Today I will show you EUR/USD technical analysis. The market is currently in a downtrend. Where is the market between our resistance at 1.0912 and support at 1.0837; if the market breaks our support, it falls. If the...
The Morning Star is a bullish reversal candlestick pattern that often appears at the bottom of a downtrend, signaling a potential shift from bearish to bullish momentum. It’s a three-candle formation that can provide valuable insight for traders...
AUD/USD Market Analysis: Navigating Price Dynamics Amid US Dollar Strength In today's analysis, we delve into the price performance dynamics of the AUD/USD currency pair, highlighting the anticipated strengthening of the US dollar. The prevailing...
EUR-GBP Pair Forecast The trading strategy for the EURGBP pair remains dominated by sellers. This can be seen from the exchange rate action repeatedly testing the guideline (S1) 0.8303 and the psychological level 0.8300. However, there is no...
Technical Analysis The Pound Sterling rises against its major peers after the UK budget announcement. Traders pare back BoE interest-rate cut bets due to upwardly revised inflation forecasts. In the US, investors expect the NFP report to show lower...
