Good morning. It seems that buyers actively began to move the price up, but yesterday they were unable to continue increasing their positions. Now they need to break through and consolidate beyond the level of 1.27018, and if they manage to do this,...
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USD/JPY tests intervention level, buyers may look for a new high above 160. The dollar was again in the intervention zone against the yen during the European session on Wednesday (June 26), hovering just below 160. It was reported at 159.958/68...
Hello how are you, GBP/USD is falling towards 1.2650 in the European session on Wednesday. Divergent Fed-BoE policy approaches and jitters ahead of the UK election keep the pair vulnerable despite risk appetite. Attention turns to mid-range US data,...
The bullish and bearish breakaway candlestick patterns are key reversal indicators in technical analysis, suggesting potential trend changes in the market. Bullish Breakaway Pattern This five-candle formation indicates a possible reversal from a...