TRADING CHART ON EUR USD H4. The EUR/USD chart on the 4-hour timeframe illustrates a consistent bearish trend, with price action predominantly below the moving average (red line). This suggests sustained downward momentum, with the moving average...
The Bank of England’s (BoE) cautious stance introduces an additional layer of unpredictability, dampening investor confidence. Conversely, the US Dollar (USD) maintains its strength, bolstered by its safe-haven appeal and heightened expectations of...
Three White Soldier Candlestick Chart Pattern The Three White Soldiers candlestick chart pattern is a bullish reversal pattern commonly observed in technical analysis. It typically forms after a downtrend or a period of consolidation and signals the...
In Friday's European session, the GBP is trading close to a low of 1.2400 vs the USD, which is more than eight months old. As market players anticipate fewer interest rate reductions from the Federal Reserve this year, the US dollar has continued...
The pair has maintained a recovery trajectory, supported by encouraging macroeconomic indicators. While the recent PMI indices were not particularly strong, their stabilization has helped improve market sentiment toward the euro. A...