Gold Analysis: Bear Flag Faces Challenges, Reversal Potential Gold attempted to break out of a bearish flag pattern on Friday, falling below both the low of the flag and the 20-day moving average (MA), which coincided in the same price zone....
EUR/USD technical analysis A bullish engulfing pattern can be seen on the H1 chart. This pattern is ideal because the bodies and shadows of bullish candles completely close those of previous bearish candles. Based on the H1 chart, oil prices may...
The British Pound (GBP) experienced a slight decline against other currencies on Wednesday following Bank of England Governor Andrew Bailey's prediction of four interest rate cuts in 2025. While Bailey acknowledged the progress made in curbing...
The weekly battle for the euro: The movement to the side dominates The Euro showed a week of indecisive trading, oscillating around key levels without committing to a definitive direction. Pivotal to the current position of the euro is the 1.05...
AUD / JPY: An hourly time frame recommendation The bears, or sellers, in the AUDJPY area, are increasingly intensifying their pressure on the bulls, causing a noticeable shift in market dynamics. This heightened bearish activity led the price to...