The GBP/USD pair formed a Hanging Man candlestick reversal pattern (blue rectangle on the chart below) on Wednesday, suggesting that the pair may have further downside in the near term. This pattern was confirmed after a long red bearish day that...
EUR/USD As for the EURUSD trading instrument, as we see, the trading week ended with the strengthening of the European currency against the US dollar. Adhering to the technical aspects of the movement, we see that the EURUSD value was fixed above...
Gold prices soared to a record high of $2,625 per ounce, fueled by growing anticipation of Federal Reserve interest rate cuts and escalating tensions between Israel and Hezbollah. The precious metal's ascent came amidst a broader risk-off sentiment...
CHEATER TRADING JOURNAL GOLD I am looking at gold on the hourly chart. The pair was trading in the green range. There was an exit from this range upwards, a range was formed. I assumed that the pair would go lower, because the seller was gaining...
NATURAL GAS The major trend for natural gas is most likely already in a bullish condition. If we look at the EMA 50 crossing the SMA 200 upwards, it seems to be giving off a golden cross signal. Thus, the projection of the price movement direction...