The provided chart is a 1-hour candlestick chart of the EUR/USD currency pair, showing price movements over several days, likely from April 16 to April 23, 2025, based on the dates visible on the x-axis and the current date of April 22, 2025. The...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Good morning to all forum friends and respected moderators. Yesterday, NZD/USD traded slightly in the upper direction and closed the day around the 0.6024 price area. Today, I want to analyze the...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Currently, Crude oil is trading roughly at 64.19. A moderate downward correction is quite possible for this instrument in the first half of the day, but the main scenario is the continuation of the...
The Bearish Engulfing pattern is a powerful candlestick pattern used in technical analysis. It often signals the potential beginning of a bearish trend or a trend reversal after a bullish movement. This pattern can help traders identify strong...
During Monday's North American trading session, gold prices (XAU/USD) surged to an unprecedented all-time high of $3,425 per ounce. This remarkable ascent of the precious metal was primarily fueled by a significant depreciation in the value of the...