Rounding Top Candlestick Pattern? A Rounding Top is characterized by its gradual, arc-shaped formation atop an uptrend. It signifies a shift in momentum from bullishness to potential bearishness, indicating that the asset's price might be nearing a...
USD/ CHF: The Power of Price Action Our conversation aligns with the ongoing live evaluation of the pricing of the USD/ CHF currency pair. I wonder why the franc is strengthening against the US dollar since I didn't find anything in the media on...
Good morning. It seems that buyers actively began to move the price up, but yesterday they were unable to continue increasing their positions. Now they need to break through and consolidate beyond the level of 1.27018, and if they manage to do this,...
USD/JPY tests intervention level, buyers may look for a new high above 160. The dollar was again in the intervention zone against the yen during the European session on Wednesday (June 26), hovering just below 160. It was reported at 159.958/68...
Gold price forecast today: will it return to the $2,300/oz support level? The weakness of strong factors and the continued rise of the US dollar led to a sell-off in gold prices, the impact of which pushed gold prices to the support level of...