GBP/USD Price Forecast: Technical outlook GBP/USD declines 0.26% to 1.3076, after peaking at 1.3134, influenced by dovish BoE remarks and rising US Treasury yields. Bearish RSI indicates seller dominance; key supports are at the 50-DMA of 1.3077,...
EUR / USD: Hourly time frame road map The Bulls are attempting to test the 1.0992 level today, showing a strong upward push in the EURUSD market. Currently, the price is at 1.0975, a critical resistance point that could influence the next movement...
The spot price began in October with a slight decline, trading around 1.3055, down by 0.32% during the North American session. With US financial markets closed in observance of Labor Day, the session is expected to remain quiet. Traders are eyeing...
AUD/JPY. If seller strength becomes more evident during today’s trading, it could provide an opportunity to enter a selling position. Sellers have a significant chance to shift the market conditions from bullish to bearish and bring the price down...
WHAT IS A HARAMI CANDLESTICK? A harami candlestick is a pattern I frequently look for in my technical analysis when trading, especially on Japanese candlestick charts. The term "harami" comes from the Japanese word for "pregnant," which perfectly...