GBP/USD Technical Analysis: GBP/USD is hovering around 1.2690, showing a slight bounce after testing 1.2650 earlier. I’ve been watching the 50-day SMA, which is acting as a solid support, while the 200-day SMA near 1.2720 remains a key resistance...
EUR/ USD Price Movement The subject of our discussion will be the detailed price action outlook of the EUR/ USD currency pair. Today, after the opening of the trading, bears immediately seized the initiative; the pair opened with a price gap down...
EUR/USD Price Action Forecast Introduction The EUR/USD currency pair has recently demonstrated significant bearish momentum, prompting traders to reevaluate their strategies. Today's price action, which opened around 1.0493 and subsequently...
Silent Points about USDCAD: We can see that the market trend for USDCAD is sideways. This type of market movement often indicates a period of indecision, where neither buyers nor sellers have full control, leading to fluctuations within a specific...
Dragonfly Doji Candlestick Chart Pattern The Dragonfly Doji is a candlestick chart pattern that often signals potential reversals in the market. It is a unique formation seen in technical analysis and can provide traders with important insights...
