Bearish Abandoned Baby Candlestick Chart Pattern The Bearish Abandoned Baby is a rare and strong reversal candlestick chart pattern that indicates a potential shift from an uptrend to a downtrend in the market. It forms over three consecutive...
Gold prices saw a surge during the European trading session on Friday, anticipating the release of the US ISM Manufacturing PMI data for December. The expected flat reading of 48.4, indicating continued contraction in manufacturing activity, further...
USDJPY USD/JPY outlook: The USD/JPY pair has been undergoing some consolidation recently, with the Japanese yen showing some strength amidst growing speculation about potential shifts in Japan’s monetary policy. Here’s a breakdown of the factors at...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Good morning and best wishes to all of us. XAU/USD is trading at 2701.50 at the time of writing. If you look at the history of yesterday's market movements, it seems that buyers are starting to...
GBP/JPY Price Trend Continuation GBPJPY is still in a bearish. The price is still below the SMA 50/200 line and the Ichimoku cloud. The price also broke down its closest support again. The next movement of GBPJPY, if seen from the price which is...