The GBP/USD currency pair exhibited a significant reversal at the close of the market on Sunday, forming a double top pattern on the 4-hour chart. This pattern is a classic bearish reversal signal, indicating that the recent uptrend has likely...
### USD/JPY Technical Analysis At the end of the previous week, the USD/JPY pair closed on a positive note, continuing the general upward trend observed throughout the week. Earlier this month, the pair started trading within a buying pattern...
The previous two days of bearish trading for gold, specifically Wednesday and Thursday, they let go of the day's opening within bearish price channels. Initially, the price faced resistance from the mid-channel lines, causing a decline. Upon...
### EUR/USD Analysis #### Overview The EUR/USD pair has shown significant bullish momentum, especially evident after its break above the simple moving averages (SMAs). This uptrend marks a pivotal shift from the downtrend that started in December...
Hello. Today, sellers tried to at least start forming something downwards on the Euro, they even managed to open with a gap, but in the end, buyers are now going to cover this price gap. The nearest target for price growth is the local maximum at...