Currently, on the daily chart for #GBP/USD, I observe a mixed technical picture that requires careful analysis. The MA100 is moving almost parallel to the horizontal axis, indicating a flat market mood over the past week. This suggests a lack of...
GBP/USD: Today’s Market Update(February 26,2025) Pound’s Performance Against the Dollar The British Pound (GBP) is showing strong momentum today against the U.S. Dollar (USD), trading just under the 1.2650 mark. With the ongoing economic recovery in...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis. EUR/GBP margin prices are falling, which is helping to push prices lower from the trend line. This trendline helped push down the market price, and with the help of this...
E EUR-USD H1 ANALYSIS CHART Have a profitable Wednesday, Victor! I would have liked to see the eurodollar quotes yesterday in the 1.0425-1.0431 area, but this time we decided to work off the tops again. Yesterday, resistance appeared at 1.0515...
Shooting Star Candlestick Chart Pattern The Shooting Star is a bearish reversal candlestick pattern that typically forms after an uptrend. It indicates a potential reversal in price direction, signaling that buyers attempted to push the price...