The AUD/USD currency pair currently shows a bearish outlook, as long as the resistance level at 0.6030 holds firm and unbroken. Technical indicators suggest a downside bias, supported by persistent price action beneath critical resistance levels and...
AUD / CAD: My Trading Recommendations My recommendations for the AUDCAD Investors are that the market will favor bulls today. The Canadian dollar is not strong enough against the Australian dollar, creating a supportive environment for buyers. That...
The GBP/JPY pair may experience a strong upward movement after rebounding from the key support level located at 185.65. Price action has recently consolidated beneath both the 20-period and 50-period moving averages, currently set around 186.65 and...
Carsten Fritsch, a prominent commodity analyst at Commerzbank, highlighted the counterintuitive movement in gold prices, noting their significant decline despite prevailing risk aversion in broader commodity and financial markets. This seemingly...
Determine the entry and exit positions for the transaction once the Inverted Hammer pattern has been verified. Entry should be made above the Inverted Hammer candlestick high or upon a confirming bullish candlestick. Place a stop-loss order below...
