GBP/USD Price Movement Update GBPUSD rose again in the market movement here yesterday, the price returned to the sell block order area of 1.2342 - 1.2362. However, the bullish movement stopped after reaching the block order area. This morning the...
Bullish Engulfing Chart Pattern The Bullish Engulfing Chart Pattern is a widely recognized candlestick pattern used in technical analysis. It signals a potential reversal in the market trend, typically indicating that a downtrend may be coming to...
Silent Points about NZDJPY: Long-term traders in the NZDJPY market can set their target above the 90.00 level. This target represents a significant point of resistance that, if broken, could indicate further bullish momentum for the New Zealand...
Crude Oil Price Review Let's delve into the current price behavior analysis of the crude oil currency pair. It is worth noting the fact that the growth of oil prices itself began much earlier, after the rebound from the local minimum of 67.00. Then...
Generl points about CHFJPY: If we look at the CHFJPY market from a broader perspective, we can see that it is following a bearish trend. This pattern indicates that selling pressure is dominating, and market sentiment is tilted toward further...