Morning Star Candlestick Chart Pattern The Morning Star is a bullish candlestick chart pattern that signals a potential reversal in a downtrend. It typically occurs at the bottom of a bearish trend and indicates the beginning of an upward move in...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Good morning to all forum members. How are you today? Now I am observing the GBP/USD price in this time frame. Currently, the market price of GBP/USD is trading around the 1.2224 zone. At this time,...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Good morning all forex traders and readers. Hope you’re all doing well. We will discuss the price action of the NZD/USD market today. The chart for NZD/USD shows that the NZD/USD hit $0.5610 on...
The NZD/USD currency pair, as depicted on the H1 timeframe, shows a pronounced bearish trend characterized by a sequence of lower highs and lower lows. This downward movement reflects persistent selling pressure, possibly influenced by the strength...
GBPUSD The GBP/USD pair is currently in a holding pattern, trading around the 1.2170 level as traders await a clear directional catalyst. The pair is bouncing within a narrow range, struggling to make significant moves, with both the British Pound...
