GBP/USD Technical and Its Impact on the US Dollar H1 chart: The GBP/USD market is bearish and hovers around 1.2436. On the H1 chart, the price has closed below the 20 SMA and is testing the 100 EMA. The GBP/USD market is moving towards critical...
EUR/USD and Fundamental Analysis Current Market Trends The EUR/USD market is currently downtrend and trading at 1.0414. The price closed below the 20 simple moving average (SMA) on the H1 chart, indicating a bearish trend. We are approaching the...
Tweezer Top and Bottom Candlestick Patterns A Tweezer Top is a bearish reversal candlestick pattern that appears at the end of an uptrend. It signals that buyers are losing momentum, and sellers may take control. Formation: Two consecutive...
Gold prices experienced a slight dip following the Federal Reserve's more hawkish-than-anticipated stance. The Fed's decision to remove language regarding the need to address low inflation signaled a potential shift towards maintaining current...
Have a nice day everyone! Let's look at the M15 chart. It shows a linear regression channel, which indicates the strength of buyers and the upward trend. The market is moving towards the upper boundary of the channel at 1.04432. To open a position,...
