I have noticed that the Americans have become somewhat inactive lately. Their trading session has sometimes become calmer than the European one. Or they start their movements after the Europeans leave. Therefore, everything may change towards the...
Gold is currently trading within an upward channel, which is a type of technical pattern indicating that the price is moving in an upward direction, where the upper boundary of the channel acts as resistance and the lower boundary acts as support....
General Points about GBPUSD: There is a lot of uncertainty in the GBPUSD market right now. Today’s UK news events have also weakened the Pound, creating fresh concerns for those expecting bullish momentum. At the same time, the news from the US...
The New Zealand Dollar against the US Dollar is currently forming a bearish flag pattern, which is a technical formation that signals a potential continuation of the downward trend after a period of consolidation. In this case, the pattern...
The British Pound against the US Dollar on the 4-hour chart presents a selling opportunity when the upward trendline is broken. This break is a strong signal of a potential change in the price direction. When the upward trendline is broken, it...
