Shooting Star : A Shooting Star is a singel candlestick pattern that is found in an uotrend. The candlestick can mark a top (But is often retested). A shooting Star is formed when price opens higher, trades much higher, then closes near its open....
Price Action Understandings: Gold We are currently examining the Gold price action assessment. To better grasp the current market situation, let's discuss the four-hour time frame, where gold has been moving sideways for an extended period between...
NZD/USD pair edges higher to near 0.6150 but trades inside Monday's trading range in Tuseday's European session. The near term outlook of the Kiwi asset remains uncertain as the US consumer Price Index CPI data for August takes center stage, which...
In Tuesday’s European trading session, the currency pair approached a four-week high of 1.3617. This uptick in the pair reflects a period of resilience for the Canadian Dollar (CAD) amidst a backdrop of somber market sentiment. Recent economic...
USD/CAD Price Move We're analyzing and discussing the present USD/CAD pair's pricing. The daily chart analysis for the USD/CAD pair indicates that the 1.3439 level began a new price growth phase, and the uptrend is unfolding. I've identified two...