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 PAIR ANALYSIS This week the EURUSD pair closed positively after going through a fairly dramatic up and down phase, especially ahead of the FOMC meeting early Thursday morning. Interestingly, the price position on a weekly and daily basis is...
Current Scenario of XAU/USD Quotes: The price of Gold (XAU/USD) recently surged to new highs, reaching $2625.20 by the end of the week. This increase came despite mixed market signals and a bearish outlook from some indicators. One of the main...
Kiyosaki: Bitcoin, gold and silver will soar in price Robert Kiyosaki, author of the book «Rich Dad, Poor Dad», predicts significant growth of bitcoin against the background of easing monetary policy of the US Federal Reserve System. In his opinion,...
Ethereum Price Tendency Ethereum, the second-largest cryptocurrency by market cap, has been drawing attention due to its potential to outperform Bitcoin. According to a recent report by Steno Research, Ethereum might be on the verge of doubling its...