Price Action and Volume Analysis Candlestick Patterns: Recent candlesticks are displaying strong selling pressure, indicating that bullish retracements are weak. This suggests that buyers are struggling to push prices higher, and the market...
GBP/USD Forecast for February 10, 2025 Friday’s release of mixed U.S. employment data has resulted in the British Pound closing below the MACD indicator line. The market opened on Monday below this line, indicating a bearish sentiment among traders....
The crude oil H1 chart shows a prolonged downtrend that has been in place since mid-January, with a series of lower highs and lower lows. The price has been consistently moving within the Bollinger Bands, respecting the lower band as a dynamic...
The AUD/USD currency pair remains within an upward trajectory, supported by a confluence of technical and fundamental factors that continue to favor bullish momentum. The pair’s ability to sustain its position above the critical pivot level of...
USD/CAD continues to show signs of strength, with technical indicators confirming a bullish bias as the pair remains positioned above its critical pivot level of 1.4300. This level serves as a key determinant of future price action, with the bullish...
