Shooting Star Chart Pattern The Shooting Star chart pattern is a bearish candlestick pattern commonly observed in technical analysis. It signifies a potential reversal in an uptrend and typically appears at the top of an upward trend. Here's a...
USD/CHF Price Trend Continuation The USDCHF market pair's movement was maintained by buyers on Friday who re-entered the market in larger numbers so that they could put pressure on sellers by holding them in the buyer support area at a price of...
The US dollar's recent strengthening as a risky asset caused the price of gold to decline below the $2,600 psychological level. However, this week, investors and market participants have turned their attention back to gold, leading to a continuous...
Forecast of GBPUSD The GBPUSD's H1 time frame chart shows that the price was oversold on the RSI indicator since it was below the value of 30. As a result, the GBPUSD began to move in the range zone on Friday for the price adjustment. The RSI...
Forecast of USDCAD On the lower time frame charts, the price of the USDCAD was running around the moving average lines as it was performing a price correction. On the daily time frame chart, I saw that the price of the USDCAD had fallen overall this...
