Technical analysis of EURGBP Today I picked EUR/GBP for technical analysis and the market price fell one level and is now closer to the trend line, which is helping to push the price higher. After breaking the market resistance level at 0.8354, the...
Average True Range Average True Range (ATR) is a technical analysis indicator that measures market volatility. It was developed by J. Welles Wilder Jr. and is commonly used in trading to assess price fluctuations. How ATR Works ATR calculates the...
The GBP/USD pair experienced a break in its three-day winning streak, trading around 1.2490 during Thursday's Asian session. The pound is facing potential downward pressure due to widespread expectations that the Bank of England (BoE) will resume...
Stalled Candlestick Chart Pattern The Stalled Candlestick Pattern, also known as the Deliberation Pattern, is a three-candle pattern that appears in an uptrend and signals a possible reversal or slowdown in bullish momentum. Characteristics of the...
GBP/CHF Good Morning! Yesterday, the market of GBP/CHF crossed the 1.1292 zone successfully. And, it shows that the sellers are trying to gain domination these days. So, we should understand the market sentiment effectively. Moreover, staying...
