Gold: What the Charts Demonstrate Our discussion revolves around the fluctuations in live gold prices. The market is beginning to shift. Yesterday, the price failed to break through the resistance at 2674.00 and is now testing the technical support...
Leverage 1:2000 in Forex trading allows traders to control a significantly larger position in the market with a relatively small amount of capital. In a leverage ratio of 1:2000, for every $1 of the trader's capital, they can control $2,000 worth of...
The Story in the Charts: GBP/USD The analysis of the price behavior of the GBP/USD currency pair is open for discussion. The GBP/USD pair is gaining momentum, breaking a five-day losing streak and reaching a multi-week low. A slight dip in the...
USD/ JPY Price Action Forecast We are currently examining the current analysis of the USD/ JPY currency pair's price assessment. I also expect USD/JPY to move higher, as it has rebounded from the support level at 141.51. It's clear that the pair...
What Is an Evening Star? The evening star pattern is a three-candle pattern that technical analysts use to analyze stock price charts. It is a bearish signal and suggests a potential trend reversal from bullish to bearish. In other words, an evening...