The candlestick pattern observed can indeed be interpreted as a star formation, which is often seen as a potential signal for a reversal or a continuation of a trend. While it’s important to note that this specific star pattern appeared in a...
The EUR/USD pair is currently trading at 1.08326, and I observe that it is moving in a northerly direction. I can see on the daily chart that the MA36 indicator is pointing north, which suggests a potential continuation of the bullish trend....
EUR/USD Analysis: Current Bullish Trend and Market Insights Overview of the Current Trend The EUR/USD daily chart currently displays a strong bullish trend. Recently, the price has executed a solid breakout, signaling that buyers are quite active in...
The chart represents the price movement of gold (XAU/USD) in the H1 timeframe. It incorporates multiple technical indicators, including Fibonacci extension and retracement levels, Bollinger Bands, trendlines, and the Stochastic Oscillator (5,3,3)....
USDJPY Technical Analysis March 10, 2025 Forex Analysis - Technically, I see that the USDJPY pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following USDJPY 1 Hour Time Frame...
