Technical Analysis of GBP/USD Current Market Sentiment At this stage, I am not inclined to rush to conclusions regarding the GBP/USD currency pair. It’s essential to analyze the technical aspects before any trend reversal towards the north. For me,...
The current price of 1.4190 is situated below the Daily Moving Average, indicating a bearish sentiment in the market for the USDCAD currency pair. This aligns with the ongoing bearish trend, which suggests that sellers are in control and that the...
Market Fundamentals and Technical Analysis Overview When assessing the economic conditions of a country, the "Non-Farm Payroll" (NFP) report is often the primary focus. This monthly report captures the number of new jobs added in the U.S. The...
Technical Analysis: EUR/USD holds 50-day EMA EUR/USD is slightly up as the US Dollar trades with caution even though President Trump has threatened to impose 25% tariffs on a few items. The Fed is expected to keep interest rates steady for longer....
Bullish and Bearish Breakaway Candlestick Chart Pattern Candlestick patterns are essential tools for technical analysis, helping traders identify potential market reversals or continuations. Among these patterns are the Bullish Breakaway and...
