The bullish and bearish breakaway candlestick patterns are key reversal indicators in technical analysis, suggesting potential trend changes in the market. Bullish Breakaway Pattern This five-candle formation indicates a possible reversal from a...
USD/JPY H-1 Good day, colleagues and traders! The Moving Average indicator for this pair is below the price, which corresponds to a buy signal. The intersection of the MACD indicator to the top also confirms purchases, as does the trend indicator....
I've analyzed the dynamic pricing behavior of the GBP/USD currency pair, and my forecast has proven accurate. Monday's high was recorded at 1.2697, and the subsequent pullback was smooth, guiding us to the desired levels without any issues. We...
The EUR/USD exchange rate, currently at 1.0691, is experiencing a bearish trend. This suggests that the euro is weakening against the dollar, which can be attributed to several macroeconomic factors, including differences in economic performance,...
USD/JPY tests intervention level, buyers may look for a new high above 160. The dollar was again in the intervention zone against the yen during the European session on Wednesday (June 26), hovering just below 160. It was reported at 159.958/68...