Analysis of GBPUSD on D1 Chart Today, we will revisit the GBPUSD currency pair on the daily (D1) chart. The first trading day of March has seen a significant surge, rapidly reversing the losses from the previous week. This upward movement has broken...
Look for a series of higher highs and lower lows on the price chart.Connect the peaks and troughs with trendlines to form the megaphone pattern.Confirm the pattern by observing other technical indicators or chart patterns.Look for increasing volume...
USD/JPY The USD/JPY H4 chart reflects a pronounced bearish trend, with price action moving consistently lower after being rejected near the 150.95 resistance zone. This level aligns with the 200-period moving average, reinforcing its significance as...
The Australian dollar initially experienced a decrease, only to recover and show some recovery signs. However, compared to other important currencies, the Australian remains the weakest, and this relative fragility means that it often attracts less...
#GOLD Gold prices rose during today’s trading, against the backdrop of the weakness of the US dollar, which market players associate with negative expectations regarding the US economic growth rate, or rather expectations of a decline in the US GDP...
