A morning star candlestick pattern is a visual cue in technical analysis used by traders to identify potential reversal points in the market. It's considered one of the key signals indicating a bullish reversal following a downward trend. The...
WTI Oil Daily Time Chart Analysis West Texas Intermediate crude has been under intense pressure over the past three weeks. The pair falling 6% from its January high of $79.36. The market crashed on Tuesday, with the price falling to $70.66....
USD/CHF Pair Price Activity From the movement structure that existed during the past week, at least it is still very clear that the USDCHF currency pair itself still has the opportunity to return to making an upward correction movement. However,...
Currency pair GBPUSD - H4 chart. This new week, and the trading month, began with a sharp drop downwards, with a rather impressive price gap, which, however, has already been covered. The price on Friday stood right at the horizontal support level...
Technical analysis of the GBPUSD pair The technical analysis of the pair on the 1-hour chart shows the beginning of an upward wave that may reach the weekly resistance level of 1.2570. The price started trading this week with a downward price gap...