The euro continued its notable ascent against the US dollar, achieving a year-to-date high around the 1.0550 mark, primarily propelled by the persistent weakening of the greenback. This upward trajectory was set against a backdrop of significant...
AUD-USD The dominant bearish movement on Friday has formed a bearish candle on the daily with daily highs and lows at 0.6285 and 0.6340. In this time frame, the stochastic has shown overbought market conditions and its lines are seen curving down...
Technical analysis AUD/USD M-30 Hello. If after the market opens the AUDUSD rate goes up to the north, then in my opinion, the resistance for price growth may be provided by the volume level of 0.6342, and according to this scenario, which may also...
Technical Analysis of GBP/USDaily and Hourly Timeframes Daily Timeframe Overview Upon analyzing the GBP/USD pair on the daily timeframe, we observe that after a rebound from the local minimum of 1.2100, the British pound experienced a significant...
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...
