The second image displays a candlestick chart of the EUR/USD currency pair. Below is a detailed analysis of this chart, covering both technical aspects and potential trading strategies. ### Technical Analysis 1. **Trend Identification**: - The chart...
USD/JPY/H4 The market has taken a bearish turn, and a downward channel has opened, indicating that sellers are currently dominating. As the downward momentum continues, I anticipate the price to decline until it reaches the 157.515 level. This...
GBP/USD: On the H4 chart, the MACD indicator is signaling a normal buy. This suggests that while there is some buying interest in the market, it may not be strong enough to drive the price up significantly in the near term. Traders should continue...
GBP/USD/D1 The GBPUSD currency pair currently shows quite interesting bullish potential based on candlestick analysis and various technical indicators. The day before yesterday, prices rose very strongly, driven by solid buyer dominance. This...
EUR/USD Forecast on Saturday The currency market has been a battleground for bulls and bears this week, with the US dollar facing some unexpected pressure. Speculators, sensing an opportunity, have been actively pushing quotes for the dollar down,...