GBPUSD The value of the British pound has fallen by a third per cent against the US dollar following 'strong' signals from US Federal Reserve leaders as the pair edged closer to the USD. As a result, the depreciation of the British Pound against...
Let's analyze the level lines on the Crude Oil chart to determine possible price movement options. Currently, market sentiment favors the bears, suggesting a potential further decline in prices. For this bearish trend to persist, it is essential for...
The Dark Cloud Cover is a two-candlestick pattern that appears at the end of an uptrend, indicating a potential reversal to the downside. It consists of a bullish candlestick followed by a bearish candlestick that opens above the high of the...
The Euro (EUR) struggled to hold onto gains on Friday, hovering around 1.0690 USD in the Asian session. Technical indicators on daily charts paint a bearish picture for the EUR/USD pair. The currency pair is stuck in a descending channel, a pattern...
US/DJPY ANALYSIS 29 JUNE 2024 Good evening, how are you today, I hope everyone is in good health. The movement of USDJPY continues in a bullish pattern where the continued weakening of the yen plus the strengthening of the USD is enough to continue...