I see that the situation with the Pound has changed abruptly, and the Dollar has begun to strengthen across the entire market. This shift in momentum could significantly impact GBP/USD, potentially replacing all previous expectations of growth with...
EUR/USD Technical Analysis: Bearish "Flag" Pattern Introduction The current technical landscape for the EUR/USD currency pair suggests a continuation of the bearish trend, characterized by the emergence of a "Flag" pattern. This analysis outlines...
General Points about EURUSD: The market has currently closed at the 1.0374 level, which indicates that sellers have gained significant control. The level has acted as a turning point, signaling that bearish momentum is dominating market sentiment....
General Points about NZD/USD: The NZD/USD market is currently closed at the 0.5596 level, which serves as an important support zone. This area holds significance as the market may find stability and potentially reverse upward. If buying momentum...
Bullish Scenario: If the price reaches the demand zone and shows signs of a bullish reversal, such as a pin bar or engulfing pattern, this could be a strong signal to enter a long position. A successful bounce could see the EURCAD move back towards...
