GBP/JPY Market Outlook Greetings and Good Morning guys! On Friday, the market of GBP/JPY had reached the 197.57 zone successfully. Also, the Japanese Yen remains weak, highlighting ongoing concerns in the currency markets. Recently, the Tokyo...
Piercing line Candlestick Chart Pattern The Piercing Line candlestick pattern is a bullish reversal pattern that occurs at the bottom of a downtrend. It signals a potential reversal and suggests that buyers are starting to gain control. Here’s how...
Live Trading Insights: USD Index Weakness Boosts Gold's Bullish Momentum Good morning, everyone, and welcome to today’s live trading discussion! Yesterday, the USD index closed on a bearish note, retreating from the 104.30 level down to 103.60,...
Bitcoin Market Update: Bearish Momentum with Potential for Bullish Reversal Bitcoin has shown bearish momentum, spiking to the 69,600 level yesterday before retracing to test the 67,400 level. This pattern indicates a current bearish phase, yet the...
During Monday's Asian session, the price of gold continues to rise. The cost of gold may increase due to demand for safe havens amid ongoing Middle Eastern tensions and uncertainty surrounding the US presidential election. On Monday, the price of...
