what is chart pattern? Chart patterns are specific formations that appear on a price chart that can help traders and investors predict future price movements. These patterns are created by the price movements of a financial asset over time and can...
Gold prices have fluctuated recently. Earlier this week, they fell to one-month lows on Friday, but they have since recovered some losses and are now around $2,295 per ounce. Several factors contributed to the initial drop in gold prices. First,...
EUR/USD: A Roadmap to Successful Trading We will discuss the current behaviour of the EUR/USD currency pair. The EUR/USD price returned above the resistance zone, defined by levels 1.0791-1.0806 and 1.0816-1.0826. This subsequent consolidation...
Initially, the U.S. dollar strengthened against the Japanese yen and continued to rise. But hesitate a moment as we approach the Federal Open Market Committee (FOMC) meeting on Wednesday and the Bank of Japan on Friday. This expectation means that a...
Crude Oil Price Analysis The current topic is the analysis of the Crude Oil price behaviour. Speculators have recently driven up crude oil prices in anticipation of the monthly OPEC report, which forecasts global demand growth. However, I remain...