Hello,Gold took a step above the $2,700 psychological level on Friday after breaking above that level yesterday, setting another fresh all-time high. Growing prospects of a global low interest rate environment boost the yellow metal. Gold breaks...
EUR/JPY Outlook Analysis On the EUR/JPY H4 time frame chart, the pair has shown a well-defined price movement recently. Last week, the EUR/JPY successfully completed a correction phase within the second part of a larger upward zigzag pattern. This...
What is stick sandwich candlestick in forex trading. Introduction to Stick Sandwich Pattern. The stick sandwich candlestick pattern is a unique formation in the realm of candlestick charting, offering traders a window into potential market...
A Closer Examination of NZD/USD The NZD/USD currency pair is presently demonstrating considerable strength, supported by a range of favorable economic factors. The New Zealand dollar NZD/USD has gained from robust commodity prices, especially in...
Eliot wave retracement Elliott Wave Retracement is a concept I find particularly useful in technical analysis, especially for spotting potential pullbacks in a trending market. The idea is that market movements follow repetitive patterns, or...