Evening star Candlestick Chart Pattern The Evening Star is a bearish candlestick chart pattern that indicates a potential reversal from an uptrend to a downtrend. It consists of three candles and typically appears at the top of an uptrend. Here’s a...
EURUSD Daily Time Chart Analysis The daily EUR/USD chart is in a downtrend with lower highs and lower lows. The bearish line acts as a resistance line. The price recently broke above this trend, suggesting a possible reversal. Fibonacci retracement...
Currency pair EURJPY - consider the chart of the D1 period. Here the wave structure has a descending character. After the last wave of decline updates the minimum of the previous one, the third wave will go down. The MACD indicator is in the lower...
GBPUSD GBPUSD outlook: The GBP/USD pair continues to face a volatile environment, with the British Pound struggling to maintain strength against the US Dollar. The recent economic data from the UK has been mixed, with inflation showing signs of...
**EUR-AUD Pair Forecast** In July, the EUR/AUD currency pair experienced significant buying pressure, particularly when sellers were trapped at the price level of 1.60322. The strength of the buyers pushed the price above key levels such as the...
