Take a look at the 1-month candlestick chart that I'm sharing, you'll notice a clear breakout of a significant level. It's an exciting development that deserves attention. However, it's crucial to exercise caution and wait for confirmation before making any trading decisions. While the breakout appears promising, waiting for confirmation helps reduce the risk of...
Hey traders! I'm excited to provide you with the latest update on the EUR/USD pair. The battle at the major weekly resistance level of 1.0945 continues to unfold, and it's brimming with possibilities. After a strong hold below the resistance last Friday, the pair is showing resilience and determination. The current price at 12:30 PM London time is 1.0918, just...
Hey traders! I wanted to share something exciting that I've noticed on the weekly EUR/USD chart. It seems like our favorite currency pair is attempting to make a comeback to the good ol' historical trendline that got broken back in March 2022. This trendline has been around for quite a while, with its first dot appearing in December 2016 and the second dot...