Forecast for GBP/USD 5 February 2025 On the hour graph, a few GBP/USD on Tuesday rose sharply towards the resistance zone 1.2488 - 1.2508. The jump from this zone would prefer the US dollar and launch a decline towards the support zone of 1.2363 -...
General Points about USDJPY The USD/JPY market has reached the 153.15 level and could potentially move higher, signaling a possible continuation of the upward trend. After a period of volatility caused by recent USD-related news events, I believe...
Crude Oil Technical and Fundamental Analysis Crude oil prices are in a downtrend and are supported by a bearish market structure. However, this structure was recently broken on the 1-hour time frame, signaling a shift to the uptrend. The price is...
What is a Homing Pigeon Candlestick Pattern? The Homing Pigeon candlestick pattern is a bullish reversal pattern observed in technical analysis, primarily used in trading to identify potential reversals from downtrends to uptrends. It consists of...
Wednesday's European session saw the USD/CAD pair continue downward below the crucial barrier 1.4300. Since US President Donald Trump postponed his instructions to apply 25% tariffs on Canada for 30 days, the Loonie pair declined while the Canadian...
