The price faced significant selling pressure on Friday as investors grew cautious ahead of the release of the United Kingdom’s (UK) Consumer Price Index (CPI) data for August. The inflation data, which is set to be published soon, is expected to...
In the H1 time frame, the USD/JPY pair is currently exhibiting a clear downtrend, as evidenced by the consistent creation of lower lows in recent candles. This pattern indicates that sellers are dominating the market, pushing prices downward with...
Gold Price Action Outlines The analysis of the Gold price action will be the main topic of our conversation. Today, I want to analyse the daily time frame where the bulls maintain control, though it seems some traders are looking for opportunities...
Bitcoin (BTC) continues to trade in a narrow range, consolidating between $59,800 and $62,750, which represent the 38.2% and 61.8% Fibonacci retracement levels drawn from the high of July 29 to the low of August. As of Sunday, Bitcoin posted a...
AUD/USD technical Analysis The market is still dominated by sellers because, as you can see on the left end of the chart, the price has fallen very profoundly, and this morning's correction was probably just profit-taking. In the case of sellers who...