GBP / USD: An Hourly Time Frame Recommendations The bulls of GBPUSD are in action these days, showing strong momentum as they continue to dominate the market sentiment. Their energy was demonstrated when they successfully pushed the price to the...
Analysis of GBP/USD: The GBP/USD pair has already formed a Head and Shoulders pattern on the timeframe we're looking at, which is considered one of the most well-known reversal patterns in technical analysis. This pattern suggests a potential shift...
During Tuesday's European trading session, the EUR/JPY currency pair experienced a notable decline, settling around the 156.25 level. This downward movement was primarily driven by a slight strengthening of the Japanese Yen (JPY), fueled by a...
EURUSD CURRENCY PAIR ANALYSIS On Thursday, eurusd experienced a very high increase after the candle managed to penetrate the resistance at a price of 1.0842. When the resistance was penetrated, eurusd immediately rose to a price of 1.1110. However,...
The EUR/CAD chart shows convincing bullish momentum with a clear ascending triangle pattern. The price has been consolidating within this structure for several months, forming a series of lower lows against relatively flat resistance levels around...