The currency pair is facing significant challenges in sustaining the modest recovery it saw over the past two days. During the Asian session on Wednesday, the pair fluctuated within a narrow range around the 1.2750 mark, remaining well within...
The chart represents the GBP/USD currency pair on the H1 (hourly) timeframe. This analysis will evaluate price action, moving averages, and the Relative Strength Index (RSI) indicator to determine the market sentiment and potential trading...
Hello. Buyers are trying to push the price up, but they are not allowed to move forward very actively, and this may indicate the strength of sellers, who will still try to form another wave of decline. If you look at the structure, then it is...
Bearish Abandoned Baby Candlestick Chart Pattern The Bearish Abandoned Baby is a relatively rare but powerful candlestick pattern used in technical analysis to predict a potential reversal from an uptrend to a downtrend. Here’s an in-depth breakdown...
EUR/ USD Price Movements We are currently analysing the price action of the EUR/ USD currency pair. The main event yesterday that affected the currency market was the decline of the American stock market. If the stock market decline continues, it...
