EUR/GBP The EUR/GBP pair’s exchange rate rebound last week seems unable to continue this week. In fact, the exchange rate managed to break through the resistance level (R1) 0.8426 and reached a high of 0.8433. Unfortunately, the rebounded exchange...
The USD/CAD currency pair has surged to a three-month high of 1.3940, driven by a strengthening US Dollar amidst economic uncertainty. As traders await key US economic indicators, including Personal Consumption Expenditures (PCE) inflation data and...
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Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis; market prices are falling, and selling pressure is helping. If the market price is visible on the EUR/GBP 1-hour time frame, the price is breaking below the 50-day simple...
The Morning Star is a bullish reversal candlestick pattern that often appears at the bottom of a downtrend, signaling a potential shift from bearish to bullish momentum. It’s a three-candle formation that can provide valuable insight for traders...
