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...
The USD/CHF H1 chart indicates a strong bearish trend, with the price currently at 0.9011, near recent lows. The downward movement has been consistent, showing signs of selling pressure. The pair is now testing a critical support level, and traders...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.0061 resistance and 1.9920 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
Technical analysis of GBPNZD Today we will do a technical analysis of GBP/NZD. For an idea of the market, it is necessary to do technical analysis, And for this, we take the help of different types of levels and indicators. If we look at the market...
NZD/USD Market Outlook Good Morning! Today, the ADP Non-Farm Employment rate can help the market sentiment of NZD/USD traders to cover their losses. Also, the market can drop sharply and cross the 0.5500 zone later. Also, the US Unemployment Rate...