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...
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...
GBP/USD PAIR REVIEW According to recent trading, the price of the pound sterling declined by a third of a percent against the US dollar GBP/USD in mid-week trading, thanks to “tight” signals issued by members of the US Federal Reserve. As a result,...
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...
XAU/USD analysis: According to the daily (D1) chart, the market is currently experiencing a correctional decline. This decline is targeting a support level around 2300, which is a critical area for market participants to watch. If the price reaches...