The Bearish Abandoned Baby is a significant candlestick pattern in the world of forex trading, signaling a potential reversal of an existing uptrend. This pattern is formed by a series of three candles and is widely regarded as a reliable indicator...
GBP/USD Fundamental View: GBP/USD is trading around 1.3280, and honestly, I’m not too surprised it’s under pressure today. Even though UK retail sales saw a bit of a lift, consumer confidence dropped hard this month—and that’s a red flag for me....
USD/JPY Technical analysis D-1 Chart Greetings. USD/JPY extends gains towards 144.00 early Friday, with the latest advance driven by strong demand for the US dollar following a Bloomberg report that China is considering suspending its 125%...
General Points about XAUUSD: After rising significantly, the XAUUSD market is now returning to its original point. It has already dropped below 3200. A breakthrough at 3292 could take it even further down. There are no major news events from the...
The EUR/GBP currency pair is showing signs of potential upward movement after rebounding from key support near the 0.8512 pivot level. Despite the RSI remaining below its neutral midpoint of 50, suggesting underlying weakness, the MACD provides a...
