Forecast of Silver Silver frequently crossed the moving average lines to the downside and many times to the upside when the price activity on the daily time frame chart was along the lines of the moving average over the last few trading days. On...
Forecast of Gold Based on the Gold's daily time frame chart, I will conclude that, although trading activity was in the range zone during the first three trading days of this week, the Gold has been moving toward testing the peak resistance level...
The NZD/USD currency pair saw some buying interest during Friday's Asian trading session, suggesting a potential pause in its recent downward trend. The pair had been on a three-day losing streak, reaching a low near 0.5620, its weakest point in...
Hammer Candlestick Chart Pattern The Hammer candlestick pattern is a key bullish reversal pattern that appears after a downtrend. It signals a potential change in momentum from selling pressure to buying interest. Traders and investors use this...
Currency pair EURJPY - let’s consider the chart of the D1 period. The price was moving sideways throughout January. Of course, there were movements, but by the standards of the daily period, they were not large. The wave structure is neutral. The...
