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...
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...
USD/JPY Technical Analysis: The USD/JPY has been trading in a consolidating pattern after a brief rally earlier this week. As of today, the pair is holding near the 132.50 level, just below the key resistance zone at 133.00. If the price breaks...
Technical analysis of gold Technical analysis of gold on the 4-hour chart shows more upside as we have a target for gold to the resistance level of 2800 before returning to correct downwards. During this week, trading was opened within the...
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...
