It should be mentioned that I am still unsure about the state of the EURGBP currency pair. In theory, nothing has changed, but we are still falling. The short-selling initiative has progressed to the 0.8530 region. However, since the pin bar is...
USD/JPY Faces Downward Pressure The daily chart for the USD/JPY currency pair reveals a recent period of downward momentum. Following a peak in late March, the pair has experienced a noticeable decline, breaking below key moving averages. The price...
Gold prices have extended their retreat from the recent record peak of $3,499, initiating this downward move with a noticeable bearish gap on the trading charts. Adding to the bearish technical outlook, a shooting star candlestick pattern has formed...
It is worth noting that even in the USDJPY pair, things are not simple for me, because on the one hand, we still have a downward movement as the main one. There is room to go down to around 139.55, although of course these prices are still far...
The USDCAD market's price movement has so far been tracked in a very steady and positive bullish trend, but in recent days, I've noticed that the price condition has begun to deteriorate gradually. In fact, after attempting to draw a trendline, it...