PAIR REVIEW USDCHF Hello! On H1, the USDCHF currency pair was trading in a downward trend all week and, to this day, the price is trading below the lower border of the Nichimoku Cloud indicator. Despite the last Friday candle, which was formed by...
Shooting Star Candlestick Chart Pattern The Shooting Star is a bearish reversal candlestick pattern commonly observed in technical analysis of stock and forex markets. It often signals that a potential downtrend is about to occur after an upward...
The EUR/GBP currency pair has been declining for the fourth consecutive session, currently trading around 0.8310 during the Asian trading session on Friday. The British Pound has strengthened as investors have reduced their expectations for another...
GBP USD H4 MARKET ANALYSIS. The state of the GBPUSD currency pair on the H4 timeframe. Until the last trading session of last week, the price movement was still inclined upwards, this situation can be seen from the series of bullish candlesticks...
The AUD/USD currency pair extended its upward trend for the third consecutive day on Friday, reaching multi-day highs before consolidating. This positive momentum is primarily driven by the weakening US Dollar, which has been under pressure due to...
