The GBP/JPY currency pair is showing strong bullish momentum, maintaining a position above the important pivot level set at 190.62 today. Technical indicators support this bullish outlook, with the RSI indicator positioned comfortably above the...
XAUUSD (GOLD) Analysis M30 Timeframe Currently, XAUUSD is trading around 3319.34 on the M30 (30-minute) timeframe, showing a mixed sentiment with a slight bullish tilt. After a recent corrective phase, gold prices have stabilized and oscillated...
The USD/CAD pair remains under pressure while trading below the key resistance level of 1.3907 in the current market conditions. Technical indicators confirm the bearish scenario, with the Relative Strength Index (RSI) positioned firmly below the...
What is Swing Trading in Forex? Swing trading in Forex is a trading style where traders aim to capture short- to medium-term price movements over a few days to several weeks. Unlike scalping or day trading, where trades are opened and closed within...
The pattern emerges during a clear downtrend. The first candle is a bearish one, and the second is bullish, opening lower than the previous day’s close, but closing more than halfway into the body of the previous day’s candle. Always wait for the...
