XAU/USD For the second day in a row, there is some selling pressure on the gold price (XAU/USD), which on Wednesday afternoon in the Asian session hit a low of more than a week. In light of the robust US economy, remarks made on Tuesday by Federal...
THE CURRENCY PAIR GBP-JPY The configuration of the Heiken Ashi candles, together with the signals of the TMA (Triangular Moving Average) and RSI indicators for the selected currency pair or instrument, makes it possible to conclude that the market...
The USD/CAD currency pair has recently exhibited intriguing behavior, making it an interesting focal point for traders and analysts alike. As of late, the pair has shown an upward trend; however, it failed to establish a new high. This phenomenon...
Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around 70-80 pips. However, after...
Mastering the Inside Bar Candle: A Guide to Effective Trading Trading in financial markets requires a combination of strategy, analysis, and a keen eye for patterns. Among the plethora of chart patterns, the inside bar candle stands out for its...