Today, gold prices are facing significant pressure as the U.S. dollar strengthens, making gold less attractive to investors. The correlation between the dollar and gold is well-established, with the precious metal often moving inversely to the...
Market Overview: Greetings everyone, and welcome back to Interlock's Trading Journal! I hope you're all doing well and benefiting from my recent Bitcoin analysis. Yesterday, Bitcoin tested the 58,500 level before dropping back to the 55,600 mark....
What is a Marubozu Candlestick? The Marubozu is a candlestick pattern that shows the market’s determination to move primarily in one direction without encountering significant opposition from the other side. A Marubozu pattern often forces a...
EUR/USD ANALYSIS Daily Timeframe EURUSD currency pair. The wave structure on this senior period is still built in an ascending order. The MACD indicator, although it is in the upper purchase zone, is falling below its signal line, which indicates a...
NZD/USD Pair Forecast The pair has made a series of lower highs and lower lows on the daily time frame. Yesterday, the market opened at the 0.6004 level. During yesterday's trading session, it made a high of 0.6031 and a low of 0.5988. So,...