Elena! On Friday, during the weekly trading close, the currency pair formed a "bearish engulfing" candlestick pattern on the H4 timeframe, according to the Price Action method. This development was not without fundamental reasons, as it appears that...
Core Points about GBPAUD: The GBPAUD currency pair faces strong selling pressure, with sellers appearing to dominate the market. At present, the pair is positioned at the 1.9937 level, indicating a bearish sentiment that may persist. The current...
Hi everyone, Welcome to my analysis From a technical standpoint, the GBP/USD pair has rebounded from the support zone between 1.2650 and 1.2484, currently testing resistance near the SMA 50 curve on the daily timeframe. This price movement aligns...
EurAud market trend analysis 03 Feb '25 Good morning, In the early trading period of the week, the EurAud market is moving up, previously the price experienced a Downtrend and at the close of the previous week's market, a bullish candlestick was...
USD/ CHF Price Watch The USDCHF pair in the previous week tended to run bullish. Actually, since the last few weeks there has been a bullish journey in the market, even the price increase journey last week has helped the price fly higher even...