GBP/USD Market Analysis October 8, 2024 H4 Chart Good morning. The GBPUSD market situation seems to be running with the seller's control so that it can bring the price to continue to fall. If we hold on to the situation from the previous week, the...
Bearish mat hold candlestick pattern The Bearish Meeting Line Candlestick Pattern is a reversal pattern that occurs at the top of an uptrend and signals a potential shift from bullish to bearish sentiment in the market. It consists of two candles:...
In conclusion, while the EUR/USD is moving slowly now, it is wise to remain cautious as market conditions can change rapidly. Traders should monitor economic data and central bank decisions closelyeuro is losing ground against the U.S. dollar,...
Today’s EUR/USD Signals Risk 0.75%. Trades must be entered prior to 5pm London time today. Short Trades Ideas Short entry following a bearish price action reversal on the H1 timeframe immediately upon the next touch of $1.0986, $1.1005, or $1.1054....
the NZD/ USD request as it successfully crossed the 0.6245 zone. New Zealand’s GDP rate came out better than anticipated, furnishing support to the NZD/ USD brace. Dealers who follow a macroeconomic- grounded approach focus on the broader profitable...