Piercing line Candlestick Chart Pattern The Piercing Line Candlestick Chart Pattern is a bullish reversal pattern that occurs in technical analysis. It often signals a potential change in market sentiment from bearish to bullish. Here's a detailed...
Have a great day everyone! The slope of the linear regression channel is up on the M15 chart. Which indicates the strength of the buyer trying to grow to the level of 1.04491. Upon reaching the target, the movement will slow down. Due to weakening,...
GBP/USD PAIR REVIEW Price of currency: GBP/USD Gbpusd is back up and buyers are finally able to bring the price up and breakout the sell block order area (1.2344 - 1.2363). The next movement of gbpusd, if seen from the price that has gone back up...
EURUSD EURUSD outlook: The EUR/USD pair remains under pressure, trading near 1.0449 (buy side) and 1.0448 (sell side). The disparity between the Federal Reserve's hawkish stance and the European Central Bank’s more cautious approach continues to be...
The euro experienced a significant decline against the dollar on Wednesday, shedding roughly a tenth of its value. This sharp depreciation occurred amidst a period of relative market inactivity, characterized by a lull between key data releases. The...
