Forecast of GBPUSD The GBPUSD price reached an overbought level on the H4 time frame chart, as shown by the RSI indicator. This is what caused the price adjustment on Thursday, and the price fell sharply on Friday of this week, even crossing the...
The EUR/USD pair retreated toward the 1.1000 psychological level during Friday’s session, giving back part of its earlier gains. This pullback follows cautious commentary from Federal Reserve Chair Jerome Powell, who flagged potential inflationary...
The US Dollar continues its firm rebound, driving GBP/USD lower towards multi-week lows near the 1.2850 region, pressured by rising demand for safe-haven assets amid growing risk aversion. This trend reflects broader macroeconomic concerns, notably...
The EUR/USD pair lost its bullish traction in the latter part of Friday's session, sliding toward the 1.0930 support area as the US Dollar Index (DXY) regained strength, posting fresh short-term highs. This resurgence follows a brief USD selloff...
Note that the ratios won’t always line up perfectly, so use your judgement to determine whether the pattern is valid. The ratios are simply guidelines to identify potential Crabs. It’s always best practice to use your discretion and consider other...