GBP/USD Technical Analysis: GBP/USD is hovering around 1.2780, struggling to hold above the key 1.2800 resistance level. If it manages to break through, we could see a push toward 1.2850, but a failure might send it back down to 1.2750 or even...
EURUSD TECHNICAL ANALYSIS INTRADAY The EUR/USD pair is trading around 1.0900 and is still in a corrective phase. I anticipate further declines but expect a corrective rebound towards 1.0 8900 before the pair resumes its downward movement....
I observe that the USD/JPY H4 chart is currently navigating a critical juncture following the recent breakout above the resistance at 148.12, a level that previously marked the upper boundary of the second zone. I believe this breakout is...
USD/CAD Market Analysis Hello and good morning, everyone! Today, the US Core CPI rate has the potential to create market fluctuations, making it an important point for traders to monitor. This significant inflation measure will shed light on price...
Engulfing Candlestick Pattern in Forex Trading The engulfing candlestick pattern is a two-candle reversal signal commonly used in forex trading to indicate a potential change in market direction. It comes in two forms: bullish and bearish. 1....
