Silver on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors Silver starts the week under pressure as traders continue reacting to stronger U.S. economic data and a shift in interest rate expectations. The latest employment...
The Pound Under Pressure: My Personal GBP/USD Blueprint for the Week Ahead. Technical Analysis: As I sit down to chart the GBP/USD pair this weekend, I see it currently trading near the live value of 1.3390, attempting to stabilise after...
This GBP/USD M5 chart depicts a market trapped in a tight consolidation range after a sharp bearish move, with neither buyers nor sellers able to establish sustained control before the market close. Price is trading around 1.3334, positioned almost...
How to Trade the Bullish Engulfing Candlestick Pattern: A Complete Guide The Bullish Engulfing pattern is one of the most powerful reversal signals in technical analysis. When spotted at the right time, it can signal the end of a markdown phase and...
Support Levels The primary support zone is located at 4306.15 – 4311.48, where the recent swing low sits. The level 4311.48 appears as part of the current price cluster, while 4306.15 represents the ultimate line of defense before a deeper selloff....