Let's analyze the currency pair USD/CHF taking H4 time frame for analysis. The USD/CHF currency pair is exhibiting a downward trend, currently trading at 0.8460. The day's prices ranged between 0.8457 and 0.8497. Technical analysis shows selling...
Strategic Forex Trading:USD/JPY The analysis of the USD/JPY currency pair's current pricing behavior is what we're currently discussing. Last week, the USD/JPY pair had a noticeable sell-off. On the weekly chart, the trend is moving downward. Based...
Morning Star Candlestick Chart Pattern The Morning Star candlestick pattern is a bullish reversal pattern that signals a potential change in trend from down to up. It typically forms at the bottom of a downtrend and consists of three candles:...
GBP/USD Price Outlook Our conversation pertains to analyzing the GBP/USD currency pair's pricing behavior. This afternoon, the British pound (GBP) against the US dollar (USD) broke past the resistance level of 1.3111, updating its previous low. The...
The GBP/USD currency pair is currently trading around the 1.31080 level and exhibiting a bearish trend. Despite the recent slow movement in the market, there's potential for a significant shift in the coming days. ### Current Market Overview At...