Market Overview: EUR/$ pair is trading at the 1.0715 level. Current market sentiment reflects cautious optimism with a development influenced by a mix of economic indicators and geopolitics. The market is still in a state of volatility, with periods...
In forex trading, candlestick chart patterns play a crucial role in technical analysis, helping traders predict future price movements based on historical price data. Among these patterns, the "Counseling Baby Swallow" pattern, while not a standard...
EUR/JPY PAIR REVIEW The upward path of the euro price against the Japanese yen (EUR/JPY) became stronger yesterday, moving towards the resistance level of 171.80 before returning to stability around the level of 171.50 at the time of writing the...
Based on the H4 chart, it is possible for the XAU/USD pair to resume its upward trend. Last week, the pair was trading around the level of 2330, influenced by news events. Currently, the pair is trading within the range of 2338-2336. A significant...
XAU/USD PAIR REVIEW The continued strength of the US dollar and weak sentiment towards gold caused strong losses in prices. Where the price of gold moved, breaching the psychological support of $2,300 per ounce, with losses, according to the...