The GBP/NZD pair is exhibiting a distinctly negative technical setup, where the resistance at the pivot point of 2.2175 is critical to the continuation of the bearish trend. With the RSI below 50 and the MACD showing a negative divergence by trading...
USD/JPY USD/JPY is showing some interesting price action today, with both technical and fundamental factors driving the market. Technical Analysis: Yesterday, the pair faced some selling pressure, breaking below 154.96 and nearly touching 153.75...
GBP/USD Price Action Recap There has been no significant price movement in the GBPUSD market until this afternoon. The price is still in the sideways area and the MA 50 line. There was a bearish movement but lacked seller support so the price rose...
Morning Star Candlestick Chart Pattern The Morning Star is a bullish candlestick pattern that signals a potential reversal from a downtrend to an uptrend. It typically forms at the bottom of a downtrend and consists of three candles: Structure of...
Trade Wars Return: How Traders Can Profit from Market Chaos In early February, the U.S. stock market faced pressure following the announcement of new import tariffs by President Donald Trump. This decision to impose duties on goods from key trading...
