Candlestick patterns offer valuable insights during pullbacks, providing visual cues about potential trend reversals. Patterns like bullish engulfing, hammer, or doji formations at key support levels can indicate a potential reversal in the price...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Good morning fellow traders. Today we will discuss the EUR/USD market which may be very beneficial for trading this week. Now let's talk about today's chart, which has been prepared in the time frame...
Analysis of GBP/USD: The GBP/USD pair has already formed a Head and Shoulders pattern on the timeframe we're looking at, which is considered one of the most well-known reversal patterns in technical analysis. This pattern suggests a potential shift...
The British pound experienced a significant downturn against the US dollar on Friday, registering a loss exceeding 1% as a wave of risk aversion swept through the financial markets. This sharp depreciation was primarily triggered by China's...
GBP/ USD Trend Analysis Update The price action analysis of the GBP/ USD currency pair is what we will be discussing today. The last three days, news from the US literally blew up the forex market, adding a lot of volatility. Of course, some were...
