DAILY CHART ANALYSIS OF (DXY) Geopolitical conflicts and war tensions are major factors that drive the US Dollar Index (DXY) because the dollar is globally recognized as a safe-haven asset. When the world is facing geopolitical instability, like...
Trump’s Economic Policies and Their Influence on Forex During his political career, Donald Trump introduced several policies that affected global trade and finance. These include tariffs, trade disputes, fiscal spending plans, and geopolitical...
My Technical Analysis: Gold (XAUUSD) 2-Hour Chart Looking at this 2-hour chart, I see Gold in a powerful uptrend that has been making consistent higher highs and higher lows. Price has rallied impressively from the 4,840.000 region, breaking...
USDJPY M30 chart shows a recent price action around 157.800 with several technical elements to dissect. *Volume Analysis* - The volume indicator reads 1056 (average for the period). - Volume spikes appear near the price dips on 3 Mar and during the...
Trading With Piercing Line Pattern (Step-by-Step Guide) 1. What is the Piercing Line Pattern? The Piercing Line Pattern is a bullish reversal candlestick pattern that usually appears at the end of a downtrend and signals that the market may start...