EUR/USD Outlook Good Morning, guys! The ECB's President's speech might help the buyers to remain stable this week, providing support for the EUR/USD pair. On Friday, the market successfully crossed the 1.0832 zone, indicating strong buying...
The chart represents the AUD/USD currency pair in the H1 timeframe. It includes Bollinger Bands and a Stochastic Oscillator (5,3,3), which provide insights into market trends, volatility, and momentum. The price action shows a period of...
The candlestick pattern observed can indeed be interpreted as a star formation, which is often seen as a potential signal for a reversal or a continuation of a trend. While it’s important to note that this specific star pattern appeared in a...
Analysis of GBP/JPY at Key Reversal Level 7/8 (187.500) The GBP/JPY currency pair is currently situated at a critical reversal level, specifically the 7/8 level at 187.500. As we assess the potential directions and trading strategies for this pair,...
Last week, I observed that the USDCAD pair exhibited significant volatility, trading in an extremely uneven manner. I noted that after a double rebound from the resistance level at 1.45415, the pair initially entered a downward trend, but this...
