Technical analysis of USDCAD Today we will be doing a technical analysis of USD/CAD. What is the quality of market support and resistance levels? The broader market has also broken support, which is now set as resistance, which will be the next...
USD-JPY PAIR FORECAST The market was doing a retracement upwards again and had entered the POI reentry sell zone. Then the market has succeeded in making a confirmation pattern for entry sell in the zone and I target that the price will immediately...
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 -...
EUR/USD The gap down moved a couple significantly lower. Bulls traders made considerable efforts to close this gap and return to the extent affected by a short -term short -term trend to 1.0386 and daily crossing of Ichimok in the range of 1.0356 to...