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,...
GBPUSD Analysis The UK’s monthly GDP forecast for February, due out on Friday, is drawing the attention of investors and economists. Given the mixed signals from recent economic data, the report is likely to have a significant impact on market...
Technical analysis of AUDUSD Today we will perform technical analysis on AUD/USD. AUD/USD is a major pair of the forex markets. The market is currently between our support and resistance levels. AUD/USD maintains a bearish trend and is currently...
GBP/USD: Simple business tips for beginners on 7 April. Review yesterday's forex shops Analysis of shops and business tips for British pound The price test at 1.2994 occurred when the MacD indicator just started moving down from zero line,...
ANALYSIS OF USD/JPY PAIR. On the USD/JPY 1-hour chart, the market exhibits a notable transition from a prolonged bullish structure into a sharp bearish reversal, currently undergoing potential consolidation near a critical horizontal level around...