Yesterday, the Pound finally broke out of the sideways trend downwards, and quite actively. Sellers broke through the level of 1.27128 without resistance, consolidated below it, and now the target for continuing the fall is the level of 1.26291....
Hello everyone, technical analysis for the USD/JPY currency pair on the H4 chart: Current price : 153.48 Key indicators : The pair is trading above MA50 and MA200 , which confirms a steady uptrend. The price shows strong growth dynamics, confirming...
Morning Star Candlestick Chart Pattern The Morning Star candlestick pattern is a bullish reversal pattern that typically forms after a downtrend, signaling a potential reversal to an uptrend. It's a reliable indicator used in technical analysis and...
The US dollar strengthened against the Canadian dollar during the European session on Friday, reaching a four-year high of 1.4245. This broad-based US dollar strength was fueled by market expectations of a potential pause in the Federal Reserve's...
The Japanese Yen (JPY) experienced a slight recovery on Friday, pulling back from a two-week low against the US Dollar (USD). This recovery was primarily driven by a combination of factors, including increased geopolitical tensions and concerns...
