The Morning Star is a bullish reversal candlestick pattern that often appears at the bottom of a downtrend, signaling a potential shift from bearish to bullish momentum. It’s a three-candle formation that can provide valuable insight for traders...
EUR-GBP Pair Forecast The trading strategy for the EURGBP pair remains dominated by sellers. This can be seen from the exchange rate action repeatedly testing the guideline (S1) 0.8303 and the psychological level 0.8300. However, there is no...
The NZD/USD currency pair extended its upward momentum for the second consecutive day, trading near the 0.5980 level during the European session on Thursday. However, a closer look at the daily chart reveals a bearish trend, with both pairs confined...
The Australian Dollar (AUD) stabilized after a mixed bag of economic data, including the NBS Purchasing Managers’ Index (PMI) from Australia and China. Despite the mixed readings, the market's optimism surrounding the Reserve Bank of Australia's...
Technical analysis of Silver Today I choose silver for technical analysis; the market price is rising, helping the price rise from the bullish line. Market prices cannot move above this resistance level, where the market is currently pricing. The...
