The confirmation of the morning star pattern in the support area has been validated as the price movement has gradually started to rise following the pattern's appearance. This gradual increase in price suggests that buyers are stepping in and...
Moving averages are essential tools in forex trading, widely used for analyzing market trends and making informed trading decisions. They help smooth out price data, providing a clearer view of the market's direction by filtering out the noise...
Analyzing Market Movements: EUR/ USD We are currently discussing and analyzing the price behavior of the EUR/USD currency pair. Following yesterday's trading session, the market closed with a bearish candle, marked by a long lower shadow. Sales...
Today I'm looking at silver which is a correlative pair with Gold and The fundamental background remains unchanged for silver. The main factor as to why the XAG/USD fell was the beginning of monetary policy easing in the Eurozone and the fact that...
USD/CHF pair would continue downwards. Based on the H4 chart, I expected a medium-term decline and was awaiting confirmation of further decline on higher time-frames. However, contrary to my expectations, there was an upward movement. The resistance...