•••Understanding the Gravestone Doji: A Bearish Signal•• If you’re tracking market trends closely, you’ve likely come across a Gravestone Doji. It’s a candlestick pattern that often signals an upcoming reversal, especially at the end of an uptrend....
Taking a closer look at Silver's price dynamics, the metal has gained strength, moving past $32.00, consistent with recent movements in Gold. Yet, it confronts a key hurdle in the form of daily resistance at $32.134., a level it has tested four...
How to Use Fibonacci Retracements Let’s talk about Fibonacci retracement levels. Fibonacci retracement levels are horizontal lines that indicate the possible support and resistance levels where price could potentially reverse direction. The first...
On the USD/CAD H4 time frame chart. As Canada is one of the largest oil exporters globally, the strength of the loonie is closely tied to fluctuations in oil prices. When oil prices drop, as they have recently, it exerts downward pressure on the...
The GBP/USD currency pair is experiencing some selling pressure at the start of the week, influenced by relatively low trading volumes due to holidays in China and Japan. Currently, the spot prices hover around the 1.3037 mark, reflecting a modest...