The Bitcoin H1 chart shows recent fluctuations around 97,837, reflecting a phase of consolidation after a significant decline from recent highs. The price action is currently testing key levels, with potential for either a breakout or further...
GBP/USD PAIR REVIEW Price of currency: GBP/USD There has been no significant price movement in the gbpusd market until this afternoon. The price is still in the base area of 1.2494 with buyers still dominating price formation. Prediction of the next...
USDCHF Daily Time Chart Analysis The USDCHF currency pair attempted to reach its last monthly low of 0.9000 during today’s trading session but failed. The resistance level of 0.9155 is also difficult to break. The pair is currently struggling with...
A morning star candlestick pattern is a visual cue in technical analysis used by traders to identify potential reversal points in the market. It's considered one of the key signals indicating a bullish reversal following a downward trend. The...
Forecast for GBP/USD 5 February 2025 On the hour graph, a few GBP/USD on Tuesday rose sharply towards the resistance zone 1.2488 - 1.2508. The jump from this zone would prefer the US dollar and launch a decline towards the support zone of 1.2363 -...