Analysis of the EURUSD pair in the Daily time frame. The EURUSD market pair on Friday was again successfully controlled by sellers, who were able to dominate trading by bringing prices down bearish after holding back the bullish pace carried out by...
EUR/CAD For EUR/CAD, my technical and fundamental analysis indicates a promising bullish trend, backed by steady buying around key support levels. Most technical indicators, including moving averages and oscillators, are pointing to a "strong buy,"...
The USD/CAD currency pair, currently sitting around 1.39020, is showing signs of a bearish trend. The market has been moving slowly in recent days, but various technical and fundamental factors suggest that we may see a significant movement in the...
The AUD/USD currency pair, currently trading around 0.66180, has been in a bearish trend recently, and this movement has gradually slowed down. The combination of economic factors influencing both the Australian and U.S. economies could result in...
Piercing line Candlestick Chart Pattern The Piercing Line candlestick pattern is a bullish reversal pattern that occurs at the bottom of a downtrend. It signals a potential reversal and suggests that buyers are starting to gain control. Here’s how...